THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
***** 500.4016 THIS SECTION IS AMENDED EFFECTIVE 91 DAYS AFTER ADJOURNMENT OF THE 2014 REGULAR SESSION SINE DIE: See 500.4016.amended *****
500.4016 Statements deemed representations; provision required.
There shall be a provision that all statements made by the insured, shall, in the absence of fraud, be deemed representations and not warranties, and that no such statement shall avoid the policy unless it is contained in a written application and a copy of such application shall be endorsed upon or attached to the policy when issued.
History: 1956, Act 218, Eff. Jan. 1, 1957
Popular Name: Act 218
© 2009 Legislative Council, State of Michigan