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Form a Business

Certificate of authority; issuance; notice of disapproval; continued compliance with subsection (1).

MCL 550.914
in effect
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550.914. Certificate of authority; issuance; notice of disapproval; continued compliance with subsection (1). Sec. 14. (1) The commissioner shall issue a certificate of authority to operate as a TPA if the commissioner is satisfied that the TPA has adequate facilities, personnel, and managers to act as a third party administrator. (2) If the commissioner disapproves an application for a certificate of authority, he or she shall notify the applicant in writing of the reasons for the disapproval. (3) A TPA shall continue to meet the conditions required under subsection (1) after the certificate of authority is issued. 1984, Act 218, Eff. Jan. 1, 1985; Am. 2002, Act 74, Imd. Eff. Mar. 15, 2002
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-550-914Fetched: 10/20/2026

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