capitol dome Michigan Compiled Laws Complete Through PA 178 of 2015
House: Adjourned until Tuesday, December 1, 2015 1:30:00 PM
Senate: Adjourned until Tuesday, December 1, 2015 10:00:00 AM

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Act 218 of 1956
Chapter 12

Section 500.1200Section“Good moral character” defined.
Section 500.1201SectionDefinitions.
Section 500.1201aSectionSale, solicitation, or negotiation of insurance; license required; applicability to excess and surplus lines agents and brokers.
Section 500.1202SectionInsurance producer license; "motor vehicle" and "travel insurance" defined.
Section 500.1203SectionAuthority of insurance producer for fraternal benefit society; authority of attorney-in-fact of reciprocal or inter-insurance exchange.
Section 500.1204SectionApplicant for insurance producer license; examination; registered program of study; waiver of examination or program of study requirements; administration of examinations; fee; reapplication.
Section 500.1204aSectionQualification as registered insurance agent program of study; criteria; conducting portion of minimum number of classroom hours of instruction; rules; recommendations for improvements in course materials; failure to maintain reasonable standards.
Section 500.1204bSectionInsurance agent education advisory council; creation; appointment, qualifications, and terms of members; meetings; reimbursement of expenses; duties of council; access to classroom.
Section 500.1204cSectionDefinitions; insurance producer's hours of study; review; continuing education requirements; program of study; approval; hearing; revocation; filing certificate of attendance or instruction; waiver; reciprocal agreements; fees; sale of business and failure to meet continuing education requirements; cancellation of license.
Section 500.1204dSectionContinuing education fund; creation; administration; disposition and reversion of funds; funding of shortfall.
Section 500.1204eSectionNonresident license applicant; requirements.
Section 500.1204fSectionSale, solicitation, or negotiation of long-term care insurance; program of instruction required.
Section 500.1205SectionResident insurance producer license; filing; application; statement; requirements; business entity; verification of information; limited line credit insurance.
Section 500.1206SectionInsurance producer license; issuance; qualification in line of insurance; duration; reinstatement; contents of license; change of name or address; ministerial functions.
Section 500.1206aSectionNonresident insurance producer license; requirements; verification of status; change of address; nonresident surplus lines insurance producer license; nonresident limited lines insurance producer.
Section 500.1206bSectionNonresident insurance producer license; prelicensing education or examination; exemption; application as resident licensee.
Section 500.1206cSectionLife and health insurance producer examinations; summary of statistical information; report.
Section 500.1207SectionAgent as fiduciary; accounting methods; examination of records; remuneration of person acting as agent; placing refused coverage; use of intimidation, threats, or unlawful inducements; agent as party to contract.
Section 500.1208SectionInsurance effected by agent on certain risks; limitation.
Section 500.1208aSectionAppointment of producer as agent; notice of appointment; filing; verification of eligibility; fee.
Section 500.1208bSectionTermination of business relationship with insurance producer; notice to commissioner; format; liability for disclosure of information or statement.
Section 500.1209SectionTermination of insurance producer's authority to represent insurer; responsibility and authority of insurance producer following notice of termination; exceptions; condition of insurer's authority to transact business in state; construction of subsection (2); “automobile insurance” and “home insurance” defined.
Section 500.1210SectionAccident and health insurance agent as health benefit agent.
Section 500.1211SectionSolicitation and collection on behalf of licensed insurance producer; authorization; contract.
Section 500.1211aSectionAssumed name; use.
Section 500.1211bSectionTemporary license.
Section 500.1212SectionPersons acting as solicitors; contract with agent; license; notice of appointment.
Section 500.1214SectionSolicitor; application for license and notice of appointment; forms; examination required; program of study as condition to examination; waiver of examination or program of study; investigations and interrogatories; decision; issuance of license; qualifications; disclosures; acting on behalf of sponsoring agent; contents of license; person licensed as solicitor for casualty insurance permitted to act as solicitor for legal expense insurance; duration and surrender of license; reexamination; notice.
Section 500.1216SectionSolicitor as fiduciary; accounting methods; examination of records; remuneration of person acting as agent or solicitor.
Section 500.1218SectionTermination of solicitor's authority to represent agent; notice; disclosure; liability of agent.
Section 500.1222SectionAdjuster's license required; exemptions.
Section 500.1224SectionAdjuster; application for license; forms; examination; investigations and interrogatories; waiver; decision; issuance of license; qualifications; additional restrictions; licenses to certain persons prohibited; "home state" defined.
Section 500.1226SectionPersons aiding adjuster; representation by adjuster; procedure for soliciting loss; schedule of rates; limitation on charges; contract.
Section 500.1227SectionConduct of adjuster; prohibitions.
Section 500.1228SectionRecords of adjuster.
Section 500.1232SectionInsurance counselor; license required; use of designation “certified insurance counselor” or “fraternal insurance counselor”; exceptions.
Section 500.1234SectionInsurance counselor; application for license; forms; examination; investigations and interrogatories; decision; issuance of license; qualifications.
Section 500.1236SectionWritten agreement between insurance counselor and client.
Section 500.1238SectionReporting mailing and electronic mail address of agent, solicitor, counselor, or adjuster; notice of change in address; maintaining address on file; mailing of notice of hearing or process.
Section 500.1239SectionProbation, suspension, or revocation of insurance producer's license; refusal to reissue; causes; civil fine; notice of license denial; hearing; license of business entity; penalties and remedies.
Section 500.1240SectionPayment or acceptance of commission, service fee, or valuable consideration.
Section 500.1242SectionRefusal, suspension, or revocation of license; notice; hearings; summary suspension; subpoenas.
Section 500.1243SectionDefinitions; sale of insurance by lender.
Section 500.1244SectionViolation of chapter; hearing; serving copy of findings and cease and desist order; additional orders; reopening, altering, modifying, or setting aside order; violation of cease and desist order; notice and hearing; civil fine; suspension or revocation of license; disposition of fine.
Section 500.1246SectionConfidentiality; use of documents, materials, or other information.
Section 500.1247SectionReport of administrative action.