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Michigan Legislature
Michigan Compiled Laws Complete Through PA 255 of 2017

Senate: Adjourned until Wednesday, January 24, 2018 10:00:00 AM

Michigan Legislature

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Section 500.3545

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


500.3545 Acquisition of obligations from another managed care entity.

Sec. 3545.

With the director's prior approval, a health maintenance organization may acquire obligations from another managed care entity. The director shall not grant prior approval unless the director determines that the transaction will not jeopardize the health maintenance organization's financial security.


History: Add. 2000, Act 252, Imd. Eff. June 29, 2000 ;-- Am. 2016, Act 276, Imd. Eff. July 1, 2016
Popular Name: Act 218
Popular Name: HMO


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