Rating organizations; rules affecting payment of dividends, savings or unabsorbed premiums.
MCL 500.2638
in effect500.2638. Rating organizations; rules affecting payment of dividends, savings or unabsorbed premiums.
Sec. 2638.
No rating organization shall adopt any rule the effect of which would be to prohibit or regulate the payment of dividends, savings or unabsorbed premium deposits allowed or returned by insurers to their policyholders, members or subscribers.
1956, Act 218, Eff. Jan. 1, 1957
[PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-2638Fetched: 10/20/2026
