reglab/housing_qa huggingface dataset:
MI Comp L § 493.161 (2021)
2021 Michigan Compiled Laws|Chapter 493 - Regulatory Loans|Act 75 of 2009 - Mortgage Loan Originator Licensing Act (493.131 - 493.171)|Section 493.161 - Privacy or Confidentiality of Information or Material.

493.161 Privacy or confidentiality of information or material.Sec. 31.  (1) Except as otherwise provided in section 1512 of the SAFE act, 12 USC 1511, the requirements of the freedom of information act, 1976 PA 442, MCL 15.231 to 15.246, or any federal law concerning the privacy or confidentiality of any information or material provided to the nationwide mortgage licensing system and registry, and any privilege arising under federal or state law or the rules of any federal or state court concerning that information or material shall continue to apply to that information or material after the information or material is disclosed to the nationwide mortgage licensing system and registry. Any information or material described in this section may be shared with any state and federal regulatory official with mortgage industry oversight authority without the loss of privilege or the loss of confidentiality protections provided by federal law or the freedom of information act, 1976 PA 442, MCL 15.231 to 15.246.  (2) For purposes of this section, the commissioner may enter into agreements or sharing arrangements with other governmental agencies, the conference of state bank supervisors, the American association of residential mortgage regulators, or other associations representing governmental agencies, as established by rule or order of the commissioner.  (3) Any information or material that is subject to a privilege or confidentiality under subsection (1) shall not be subject to any of the following:  (a) Disclosure under any federal or state law governing the disclosure to the public of information held by an officer or an agency of the federal government or the respective state.  (b) Subpoena or discovery, or admission into evidence, in any private civil action or administrative process, unless with respect to any privilege held by the nationwide mortgage licensing system and registry with respect to the information or material, the person to which the information or material pertains waives, in whole or in part, in that person's discretion, that privilege.  (4) This section does not apply to any information or material relating to the employment history of, and publicly adjudicated disciplinary and enforcement actions against, a mortgage loan originator that is included in the nationwide mortgage licensing system and registry for access by the public. History: 2009, Act 75, Eff. July 31, 2009
MI Comp L § 493.165 (2021)
2021 Michigan Compiled Laws|Chapter 493 - Regulatory Loans|Act 75 of 2009 - Mortgage Loan Originator Licensing Act (493.131 - 493.171)|Section 493.165 - Licensed Mortgage Loan Originator; Prohibited Conduct.

493.165 Licensed mortgage loan originator; prohibited conduct.Sec. 35.  A licensed mortgage loan originator shall not do any of the following:  (a) Engage in fraud, deceit, or material misrepresentation in connection with any transaction governed by this act.  (b) Intentionally, or due to gross or wanton negligence, repeatedly fail to provide borrowers with any material disclosures of information required by law.  (c) Directly or indirectly make a false, misleading, or deceptive advertisement regarding mortgage loans or the availability of mortgage loans.  (d) Suppress or withhold from the commissioner any information that he or she possesses and that, if submitted, would have made him or her ineligible for licensure or license renewal under this act at the time of application and would have allowed the commissioner to refuse to license him or her.  (e) Be convicted of, or plead no contest to, any of the following:  (i) A misdemeanor involving fraud, dishonesty, or a breach of trust, money laundering, embezzlement, forgery, a financial transaction, or securities.  (ii) A felony.  (f) Refuse or fail to furnish any information or make any report required by the commissioner to issue or renew a license under this act, or otherwise required by the commissioner, within a reasonable period of time, as determined by the commissioner, after requested by the commissioner. History: 2009, Act 75, Eff. July 31, 2009
MI Comp L § 493.167 (2021)
2021 Michigan Compiled Laws|Chapter 493 - Regulatory Loans|Act 75 of 2009 - Mortgage Loan Originator Licensing Act (493.131 - 493.171)|Section 493.167 - Reports of Condition.

493.167 Reports of condition.Sec. 37.  A licensed mortgage loan originator, or employer or principal of a licensed mortgage loan originator on his or her behalf, shall submit to the nationwide mortgage licensing system and registry reports of condition. The reports of condition shall be in the form and shall contain the information required by the nationwide mortgage licensing system and registry. History: 2009, Act 75, Eff. July 31, 2009
MI Comp L § 493.169 (2021)
2021 Michigan Compiled Laws|Chapter 493 - Regulatory Loans|Act 75 of 2009 - Mortgage Loan Originator Licensing Act (493.131 - 493.171)|Section 493.169 - Report of Violations; Rules.

493.169 Report of violations; rules.Sec. 39.  (1) Subject to section 31, the commissioner shall regularly report violations of this act, and enforcement actions and other relevant information, to the nationwide mortgage licensing system and registry.  (2) The commissioner shall comply with the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, in promulgating any rules under this act. History: 2009, Act 75, Eff. July 31, 2009
MI Comp L § 493.171 (2021)
2021 Michigan Compiled Laws|Chapter 493 - Regulatory Loans|Act 75 of 2009 - Mortgage Loan Originator Licensing Act (493.131 - 493.171)|Section 493.171 - Unique Identifier of Originator of Residential Mortgage Loan.

493.171 Unique identifier of originator of residential mortgage loan.Sec. 41.  The unique identifier of any person originating a residential mortgage loan in this state shall be clearly shown on all residential mortgage loan application forms, solicitations, or advertisements, including business cards or websites, and any other documents, as established by rule or order of the commissioner. History: 2009, Act 75, Eff. July 31, 2009
MI Comp L § 550.1 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.1 - Declaration of Emergency.

550.1 Declaration of emergency. Sec. 1.  That an emergency exists in the United States of America and the state of Michigan with respect to its financial and investment institutions and the financial condition of its people generally, such emergency affecting the business of insurance. The provisions of this act are, therefore, deemed to be for the protection of the public as a whole; to preserve the stability of insurance companies; to prevent undue preference among the policyholders of such companies; and to conserve the income and assets of such companies for the benefit of their policyholders and creditors. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.1 Compiler's Notes: For transfer of the Department of Insurance and Office of the Commissioner on Insurance from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.2 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.2 - Insurance Company Disbursement Limitations.

550.2 Insurance company disbursement limitations. Sec. 2.  The provisions of any law of this state to the contrary notwithstanding, during any period of public calamity resulting in abnormal financial losses to and unforeseen and excessive disbursements by any insurance company, fraternal benefit society or association (herein referred to as "company" or "companies") doing business in this state, and during any financial emergency, including the emergency referred to in the governor's proclamation of February 14, 1933, and the president's proclamation of March 6, 1933, and other similar emergencies, occurring as the result of financial disturbances in business generally, threatened or actual disaster to the banking and other financial institutions of the United States or of this state, and disruption of business and orderly business process resulting in such unusual demands upon the cash or other assets of insurance companies doing business in this state as to endanger the solvency of or threaten insolvency to any such companies and the consequences thereof, the commissioner of insurance may, by general regulations applicable to all such companies, or by special regulations applicable to any class of insurance companies, prescribe such limits or restrictions upon the disbursements, loans, investment of funds or other disposition of assets of any such companies as in his judgment is or may be necessary for the preservation of the rights of all of the policy-holders, beneficiaries or assignees, or other claimants or creditors of such companies, for the purpose of preventing such undue preferential payments to certain policyholders, beneficiaries, claimants and creditors as may or will imperil or prejudice the rights of other policyholders, beneficiaries, claimants and creditors, and for the promotion and maintenance of sound insurance practices. Provided, That no such rules or regulations shall be made in any case to relieve the company from making any loan applied for by the policyholder against the legal reserves on his or her policy for the purpose of paying his or her premium on his or her policy of insurance in such company. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.2 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.3 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.3 - Insurance Commissioner Regulatory Powers.

550.3 Insurance commissioner regulatory powers. Sec. 3.  The rules and regulations made by the commissioner of insurance pursuant to this act, when filed with the secretary of the state of Michigan, shall have the force and effect of law; and the said commissioner is hereby granted the power and authority to alter, amend and promulgate all such rules and regulations. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.3 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.4 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.4 - Foreign Insurance Companies; Other States' Regulations, Application.

550.4 Foreign insurance companies; other states' regulations, application. Sec. 4.  The said commissioner is hereby authorized and empowered to put into effect, and to enforce as against any foreign insurance company doing business in this state, any rule or regulation made applicable to any Michigan corporation or society doing an insurance business in the domestic state of such foreign company, during the period of any emergency covered by the provisions of this act. This section shall be in addition to, and not in limitation of, any law of this state requiring or permitting reciprocal application of the laws of this state to foreign insurance companies doing business in Michigan or requiring equal privileges to be extended to Michigan companies operating in other states. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.4 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.5 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.5 - Purposes of Act.

550.5 Purposes of act. Sec. 5.  The purposes of the provisions of this act, among other things, are to preserve as far as possible the solvency of such insurance companies as are qualified and authorized to carry on business in this state, and to prevent the impairment of the obligations of the contracts of such companies as a whole. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.5 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.6 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.6 - Suits Against Insurance Companies; Statute of Limitations, Extension.

550.6 Suits against insurance companies; statute of limitations, extension. Sec. 6.  During the period of any such calamity or emergency no suit at law or in equity shall be commenced or brought on for hearing, in any court of this state, for the enforcement of demands upon or against any insurance company when the payment thereof has been prohibited, suspended, or otherwise regulated by the commissioner of insurance pursuant to this act, nor shall proceedings be taken in any such court or by the state treasurer to satisfy any judgment obtained by any policyholder, or his assignee in any proceeding had or taken to enforce said demands. The commissioner of insurance may intervene in any such suit or proceeding by virtue of his office, and he or the defendant company may plead this statute and any regulation or order made pursuant thereto, in temporary bar or stay of any such action or proceeding. The period of such emergency shall be added to any statute limiting the time for commencement of any action to enforce such policy rights, or the issuance of the writ of execution or other mandatory writ enforcing such rights. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.6 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.7 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.7 - Duration of Emergency; Proclamations.

550.7 Duration of emergency; proclamations. Sec. 7.  The emergency referred to in section 1 hereof shall be deemed to continue until March 30, 1935, unless the legislature of this state, if in session, or the governor of this state, if the legislature be not in session, shall by resolution or proclamation officially declare such emergency to have sooner terminated; and as to any other such emergency hereafter occurring, the provisions of this act shall not be effective unless and until the governor of the state shall by proclamation have declared the same to exist and invoke therein the provisions of this act. In any such case, the governor by proclamation shall have the power to declare such emergency terminated at such date certain as he may determine. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.7 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.8 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 66 of 1933 - Emergency Insurance Legislation (550.1 - 550.8)|Section 550.8 - Violation of Act; Misdemeanor; License Revocation, Grounds.

550.8 Violation of act; misdemeanor; license revocation, grounds. Sec. 8.  Any person or corporation violating any of the provisions hereof, or any regulation or proclamation made pursuant hereto, shall be deemed guilty of a misdemeanor, and of violating the insurance law of this state; and any such violation by any insurance company or its agent shall be deemed cause for revoking the license of such company or agent, as the case may be, to do an insurance business in this state. History: 1933, Act 66, Imd. Eff. Apr. 28, 1933 ;-- CL 1948, 550.8 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.51 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 233 of 1984 - Prudent Purchaser Act (550.51 - 550.63)|Section 550.51 - Short Title.

550.51 Short title. Sec. 1.  This act shall be known and may be cited as the "prudent purchaser act". History: 1984, Act 233, Eff. Dec. 20, 1984 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.53a (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 233 of 1984 - Prudent Purchaser Act (550.51 - 550.63)|Section 550.53a - Disclosure of Financial Relationships Between Organization and Participating Health Care Providers, Health Care Facilities, or Other Entities.

550.53a Disclosure of financial relationships between organization and participating health care providers, health care facilities, or other entities. Sec. 3a.  An organization that establishes a prudent purchaser agreement shall disclose in writing to all purchasers of its coverage and to all covered members of its plans upon request the financial relationships between the organization and its participating health care providers, health care facilities, or other similar entities, including all of the following as applicable:  (a) Whether a fee-for-service arrangement exists, under which the provider is paid a specified fee for each particular covered service rendered to each covered individual.  (b) Whether a capitation arrangement exists, under which a fixed amount is paid to the provider for all covered services rendered to each covered individual.  (c) Whether payments to providers are made according to how well the provider meets criteria regarding costs, quality, patient satisfaction, or other criteria. History: Add. 1996, Act 518, Eff. Oct. 1, 1997 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.53b (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 233 of 1984 - Prudent Purchaser Act (550.51 - 550.63)|Section 550.53b - Prudent Purchaser Agreement Services; Providing Requested Information to Insurer.

550.53b Prudent purchaser agreement services; providing requested information to insurer. Sec. 3b.  An organization that is providing prudent purchaser agreement services to an insurer shall provide the insurer on a timely basis with information requested by the insurer that the organization has and that the insurer needs to comply with section 2212 of the insurance code of 1956, Act No. 218 of the Public Acts of 1956, being section 500.2212 of the Michigan Compiled Laws. History: Add. 1996, Act 518, Eff. Oct. 1, 1997 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
MI Comp L § 550.54 (2021)
2021 Michigan Compiled Laws|Chapter 550 - General Insurance Laws|Act 233 of 1984 - Prudent Purchaser Act (550.51 - 550.63)|Section 550.54 - Discrimination Prohibited; Complaint of Violation; Hearing; Penalty.

550.54 Discrimination prohibited; complaint of violation; hearing; penalty. Sec. 4.  An organization shall not refuse to enter into a prudent purchaser agreement with a health care provider on the basis of religion, race, color, national origin, age, sex, or marital status. Upon receipt of a complaint of a violation of this section, in a form satisfactory to the commissioner, and if the commissioner has probable cause to believe that such a violation has occurred, the commissioner shall conduct a hearing pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.315 of the Michigan Compiled Laws. If after such hearing the commissioner determines the organization has violated this section, the commissioner may do 1 or more of the following:  (a) Issue a cease and desist order requiring the organization to cease and desist from engaging in the conduct prohibited by this section.  (b) Issue a cease and desist order requiring the organization to enter into a prudent purchaser agreement with a health care provider.  (c) Impose a fine of not more than $500.00 for each violation, but not to exceed an aggregate fine of $5,000.00, unless the organization knew or reasonably should have known it was violating this section, in which case the fine shall not be more than $2,500.00 for each violation and shall not exceed an aggregate fine of $25,000.00 for all violations committed in a 6-month period.  (d) Suspend, limit, or revoke the organization's license or certificate of authority. History: 1984, Act 233, Eff. Dec. 20, 1984 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.