Section 500.445 - Delinquency as bar to granting certificate of authority.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.445 Delinquency as bar to granting certificate of authority.
Sec. 445.
A certificate of authority shall not be granted to an insurer or to its agents if the insurer is delinquent in the payment of the taxes or penalties prescribed in this chapter.
History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1967, Act 111, Eff. Nov. 2, 1967 ;-- Am. 1971, Act 54, Imd. Eff. June 30, 1971 ;-- Am. 1981, Act 110, Imd. Eff. July 17, 1981 ;-- Am. 1990, Act 256, Imd. Eff. Oct. 15, 1990
Popular Name: Act 218