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Michigan Legislature
Michigan Compiled Laws Complete Through PA 50 of 2017
House: Adjourned until Wednesday, July 12, 2017 10:00:00 AM

Michigan Legislature

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Section 418.553

Act 317 of 1969

418.553 Self-insurers' security fund or private employer group self-insurers security fund; subrogation.

Sec. 553.

The self-insurers' security fund or the private employer group self-insurers security fund, after paying an injured employee, shall have all the rights of the injured employee as a creditor of the insolvent employer to the extent of benefits it paid. The trustees of the fund shall have the right and obligation to obtain reimbursement to the fund from an insolvent employer for any funds paid out as benefits to the employees of the insolvent employer, including expenses pertinent to payments or recovery thereof.

History: Add. 1971, Act 149, Imd. Eff. Nov. 16, 1971 ;-- Am. 2014, Act 234, Imd. Eff. June 27, 2014
Popular Name: Act 317

© 2015 Legislative Council, State of Michigan

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