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Computation of unearned premium reserve on mortgage guaranty insurance.

MCL 500.815
in effect
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500.815. Computation of unearned premium reserve on mortgage guaranty insurance. Sec. 815. The unearned premium reserve on mortgage guaranty insurance shall be computed in accordance with section 808, except that on policies covering a risk period of more than 1 year the unearned premium reserve shall be computed in accordance with rules promulgated by the commissioner. Add. 1972, Act 345, Imd. Eff. Jan. 9, 1973 [PopularName] Act 218 [AdminRule] R 500.1231 et seq. of the Michigan Administrative Code.
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-815Fetched: 10/20/2026

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