Section 500.4010 - Premiums; payment; provision required.

THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956

500.4010 Premiums; payment; provision required.

Sec. 4010.

There shall be a provision that all premiums shall be payable in advance, either at the home office of the company or to an agent of the company, upon delivery of a receipt signed by 1 or more of the officers who shall be named in the policy.


History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218