Mich. Comp. Laws § 500.1902

Current through Public Act 171 of the 2024 Legislative Session

Section 500.1902 - Liberal construction and application

This chapter shall be liberally construed and applied to promote its underlying purposes which include:

(a) Protecting persons seeking insurance in this state.

(b) Permitting stable and reputable insurers to write surplus lines insurance in this state.

(c) Establishing a system of regulation which will permit an orderly access to surplus lines insurance in this state.

MCL 500.1902

Add. 1980, Act 341, Eff. 6/23/1981 .