Section 500.814 - Certification of loss reserves.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.814 Certification of loss reserves.
Sec. 814.
The commissioner may require an insurer writing liability insurance, other than homeowners, farmowners, and commercial multiperil, to certify the loss reserves of the insurer by an actuary approved by the commissioner.
History: Add. 1986, Act 173, Imd. Eff. July 7, 1986
Popular Name: Act 218