Section 500.7318 - Effect of act on prior act; liabilities; penalties.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.7318 Effect of act on prior act; liabilities; penalties.
Sec. 7318.
(1) This chapter shall not impair or affect any act done, offense committed or right accruing, accrued or acquired or liability, penalty, forfeiture or punishment incurred prior to the time it takes effect, but the same may be enjoyed, asserted, enforced, prosecuted or inflicted, as fully and to the same extent as if this chapter had not been passed.
History: Add. 1966, Act 221, Imd. Eff. July 11, 1966
Popular Name: Act 218