reglab/housing_qa huggingface dataset:
MI Comp L § 500.6854 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6854 - Insurance in Excess of Fair Value Prohibited.

500.6854 Insurance in excess of fair value prohibited. Sec. 6854.  No company organized or operating under this chapter shall issue a policy for an amount in excess of a fair value of the property insured. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6856 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6856 - Maximum Amount Recoverable on Face of Policy; Premium, Assessments.

500.6856 Maximum amount recoverable on face of policy; premium, assessments. Sec. 6856.  No company organized or operating under this chapter shall issue any policy which provides that the maximum amount recoverable is less than the amount stated on the face of the policy, and no assessment shall be levied or premium collected on any amount larger than that so stated on such policy face. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6858 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6858 - Adjustment or Arbitration of Losses; Subpoenas to Witnesses; Notice.

500.6858 Adjustment or arbitration of losses; subpoenas to witnesses; notice. Sec. 6858.  That any district or municipal court of a judicial district or municipality of this state is authorized and required to issue subpoenas, and compel the attendance of witnesses before the president, vice-president, secretary, board of directors, or either of the directors, or the auditor or board of auditors of any mutual insurance company organized under the laws of this state, whenever requested so to do by said officers of the insurance companies, or any 1 of them, or the insured, to give evidence in any matter touching the adjustment or arbitration of losses by fire or other cause which may come before such officer or officers; and the subpoena shall be valid to compel the attendance of a witness within the same county where such matter is to be tried, and within 30 miles of the place of such trial. The opposite party interested in the adjustment or arbitration shall be notified, without cost to him, her, or them, at least 24 hours in advance, of the time and place where such witnesses are to be examined, and he, she, or they shall have the right to appear by attorney or in person, and cross-examine all witnesses produced. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1991, Act 141, Imd. Eff. Nov. 25, 1991 Popular Name: Act 218
MI Comp L § 500.6859 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6859 - Adjustment or Arbitration of Losses; Service of Subpoenas; Fees.

500.6859 Adjustment or arbitration of losses; service of subpoenas; fees. Sec. 6859.  Any subpoena may be served by a sheriff, constable or any other person, and it shall be served by delivering a copy of the subpoena, and by paying or tendering to him or her the same fees for traveling and 1 day's attendance as are allowed by law. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1991, Act 141, Imd. Eff. Nov. 25, 1991 Popular Name: Act 218
MI Comp L § 500.6860 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6860 - Adjustment or Arbitration of Losses; Compelling Attendance of Witness; Costs.

500.6860 Adjustment or arbitration of losses; compelling attendance of witness; costs. Sec. 6860.  Whenever it shall appear to the satisfaction of the judge, by affidavit of a party interested in said adjustment or arbitration, or by other competent testimony, that any person duly subpoenaed to appear as required by subpoena, shall have refused or neglected without just cause to attend as a witness in conformity to the subpoena, and the testimony of such witnesses is material, as the deponent verily believes, the judge shall have power to issue an attachment to compel the attendance of the witness, and the witness shall be liable for the cost of such attachment for the service of the same, which costs may be recovered in an action of assumpsit at the suit of the party injured by such neglect or refusal, before any court having competent jurisdiction in like cases, and shall moreover be liable to the injured party in damages. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1991, Act 141, Imd. Eff. Nov. 25, 1991 Popular Name: Act 218
MI Comp L § 500.6862 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6862 - Adjustment or Arbitration of Losses; Administration of Oath to Witness; Perjury.

500.6862 Adjustment or arbitration of losses; administration of oath to witness; perjury. Sec. 6862.  Any 1 of said officers or directors of such insurance companies shall have the power, and they are hereby authorized to administer an oath to said witnesses or parties so testifying before them in the adjustment or arbitration of such losses, and said witnesses shall be liable to the same pains and penalties for perjury as are now provided by law. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6864 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6864 - Limitation of Actions.

500.6864 Limitation of actions. Sec. 6864.  No suit or action at law for the recovery of any claim for loss or damage under a policy issued by any company organized or operating under this chapter shall be sustainable in any court of law or equity unless commenced within 12 months next after the liability shall have accrued. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6866 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6866 - Uniform Farm Mutual Fire Policy.

500.6866 Uniform farm mutual fire policy.  Sec. 6866.  On and after January 1, 1946, no company organized or operating under the provisions of this chapter shall issue fire insurance policies on farm property in this state other than those of the standard form as set forth in section 6868.  History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6869 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6869 - Uniform Farm Mutual Fire Policy; Conflicting Bylaws, Riders.

500.6869 Uniform farm mutual fire policy; conflicting bylaws, riders. Sec. 6869.  No bylaw of any company authorized under the provisions of this chapter or any rider attached to a "uniform farm mutual fire insurance policy" shall restrict or nullify paragraphs number 12, 13, 16 or 17 of such policy.  History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6870 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6870 - Uniform Farm Mutual Fire Policy; Optional Provisions.

500.6870 Uniform farm mutual fire policy; optional provisions. Sec. 6870.  A company may print on or in its policies its name, location, date of organization and date of expiration of its charter, articles of incorporation and/or bylaws, the names of its officers and agents, the number and date of the policy and, if it is issued through an agent, the words "this policy shall not be valid until countersigned by the duly authorized agent of the company at ............................................ ." History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6872 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6872 - Uniform Farm Mutual Fire Policy; Rate, Premium, Assessment, Expiration.

500.6872 Uniform farm mutual fire policy; rate, premium, assessment, expiration. Sec. 6872.  If a company issues its policies for a specified term and/or charges an advance premium or assessment, the form set forth for the face of the policy may be altered to show rate, premium or assessment and expiration date of policy. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6874 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6874 - Uniform Farm Mutual Fire Policy; Printed Descriptions and Specifications of Property.

500.6874 Uniform farm mutual fire policy; printed descriptions and specifications of property. Sec. 6874.  A company may print or use in its policies printed forms of description and specifications of the property insured. History: 1956, Act 218, Eff. Jan. 1, 1957 Popular Name: Act 218
MI Comp L § 500.6876 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6876 - Repealed. 1963, Act 53, Eff. Sept. 6, 1963.

500.6876 Repealed. 1963, Act 53, Eff. Sept. 6, 1963. Compiler's Notes: The repealed section regulated attachment of riders to uniform farm mutual fire policy.Popular Name: Act 218
MI Comp L § 500.6886 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-68 - Chapter 68 Farmers' and Other Special Mutual Property Insurers (Domestic) (500.6800...500.6886)|Section 500.6886 - Additional Provisions of Code Applicable to Domestic Mutual Insurers.

500.6886 Additional provisions of code applicable to domestic mutual insurers. Sec. 6886.  Domestic mutual insurers transacting insurance under this chapter are also subject to the following additional chapters and provisions of this act as applicable:  (a) Chapter 1.  (b) Chapter 2.  (c) Sections 403, 454, 460, and 476a.  (d) Chapter 9.  (e) Chapter 12.  (f) Chapter 20.  (g) Section 2236.  (h) Chapter 50.  (i) Chapter 52.  (j) Chapter 76.  (k) Chapter 81.  (l) Chapter 83. History: 1956, Act 218, Eff. Jan. 1, 1957 ;-- Am. 1972, Act 133, Eff. Mar. 30, 1973 ;-- Am. 1987, Act 261, Imd. Eff. Dec. 28, 1987 ;-- Am. 1994, Act 226, Imd. Eff. June 27, 1994 Popular Name: Act 218
MI Comp L § 500.7001 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7001 - Definitions.

500.7001 Definitions. Sec. 7001.  As used in this chapter:   (a) "Board" means the board of trustees of the multiple employer welfare arrangement security fund.  (b) "Cash reserves" means federally guaranteed obligations that have a fixed recoverable principal amount or an irrevocable and unconditional letter of credit.  (c) "Covered claim" means an obligation of an insolvent MEWA to pay a claim that is covered by the MEWA to a covered employee or dependent who is a resident of this state.  (d) "Employee welfare benefit plan" means that term as defined in section 3 of the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. 829, 29 U.S.C. 1002.  (e) "Fund" means the multiple employer welfare arrangement security fund.  (f) "Insolvent MEWA" means a MEWA authorized to do business in this state for which a domiciliary or ancillary receiver has been appointed in this state.  (g) "Letter of credit" means a letter of credit that meets all of the following requirements:  (i) Is issued by a federally insured financial institution.  (ii) Is issued upon such terms and in a form approved by the commissioner.  (iii) Is subject to draw by the commissioner, upon giving 5 business days' written notice to the MEWA, or by the MEWA for the subscriber's benefit if the MEWA is unable to pay claims as they come due.  (h) "Multiple employer welfare arrangement" or "MEWA" means that term as defined in section 3 of the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. 829, 29 U.S.C. 1002, which meets either or both of the following criteria:  (i) One or more of the employer members in the MEWA is either domiciled in this state or has its principal headquarters or principal administrative office in this state.  (ii) The MEWA solicits an employer that is domiciled in this state or has its principal headquarters or principal administrative office in this state. History: Add. 1986, Act 121, Eff. July 1, 1986 ;-- Am. 1990, Act 126, Imd. Eff. June 26, 1990 Popular Name: Act 218
MI Comp L § 500.7004 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7004 - Employee Welfare Benefit Plan as Multiple Employer Welfare Arrangement; Certificate of Authority Required; Applicability of Chapter.

500.7004 Employee welfare benefit plan as multiple employer welfare arrangement; certificate of authority required; applicability of chapter. Sec. 7004.  A person shall not establish or maintain an employee welfare benefit plan which is a multiple employer welfare arrangement in this state unless the MEWA obtains and maintains a certificate of authority pursuant to this chapter. This chapter shall not apply to an employee welfare benefit plan or MEWA that is fully insured. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218
MI Comp L § 500.7006 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7006 - Benefits to Which Authorized Mewa Limited.

500.7006 Benefits to which authorized MEWA limited. Sec. 7006.  A MEWA authorized under this chapter shall be limited to providing the following benefits:  (a) Medical, dental, optical, surgical, or hospital care benefits.  (b) Benefits in event of sickness, accident, disability, or death.  (c) Prepaid legal services. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218
MI Comp L § 500.7010 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7010 - Application for Certificate of Authority; Form; Submission of Application and Other Documents to Commissioner; Examination of Application and Documents; Investigation; Examination Under Oath of Certain Persons.

500.7010 Application for certificate of authority; form; submission of application and other documents to commissioner; examination of application and documents; investigation; examination under oath of certain persons. Sec. 7010.  (1) A person wishing to establish an employee welfare benefit plan which is a multiple employer welfare arrangement shall apply for a certificate of authority on a form prescribed by the commissioner. The application shall be completed and submitted to the commissioner along with all of the following:  (a) Copies of all articles, bylaws, agreements, or other documents or instruments describing the rights and obligations of employers, employees, and beneficiaries with respect to the MEWA.  (b) Current financial statements of the MEWA.  (c) Proof of a fidelity bond in a form and amount approved by the commissioner.  (d) A statement showing in full detail the plan upon which the MEWA proposes to transact business, a copy of all contracts, or other instruments which it proposes to make with or sell to its members, together with a copy of its plan description and the proposed printed matter to be used in the solicitation of members.  (2) The commissioner shall promptly examine the application and documents submitted by the applicant and shall have the power to conduct any investigation which the commissioner may deem necessary and to examine under oath any persons interested or connected with the MEWA. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218
MI Comp L § 500.7011 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7011 - Conditions to Issuance of Certificate of Authority.

500.7011 Conditions to issuance of certificate of authority. Sec. 7011.  The commissioner shall not issue a certificate of authority to a MEWA unless all of the following conditions have been met:  (a) The commissioner is satisfied that:  (i) The employers in the MEWA are members of an association or group of 2 or more businesses or entities that are in the same trade or industry or same type of service, including closely related businesses that provide support, services, or supplies primarily to that trade, service, or industry.  (ii) The association or group of employers in the MEWA is engaged in substantial activity for its members other than sponsorship of an employee welfare benefit plan.  (iii) The association or group of employers in the MEWA has been in existence for a period of not less than 2 years.  (iv) The employee welfare benefit plan of the association or group is controlled and sponsored directly by participating employers or employee members, or both.  (v) The MEWA has within its own organization adequate facilities and competent personnel to service the employee benefit plan or has contracted with an authorized third party administrator to provide services. A third party administrator contracting with a MEWA pursuant to this subparagraph shall deliver a fidelity bond to the MEWA in an amount approved by the commissioner to protect against the misappropriation or misuse of any money handled by the third party administrator.   (b) The MEWA has applications from not less than 2 employers and will provide similar benefits for not less than 200 separate participating employees. The annual gross premiums of or contributions to the plan will be not less than $20,000.00 for a plan that provides only vision benefits, $75,000.00 for a plan that provides only dental benefits, and $200,000.00 for all other plans.  (c) The MEWA possesses a written commitment, binder, or policy for excess loss insurance issued by an insurer authorized to do business in this state, in an amount approved by the commissioner. The binder or policy shall provide not less than 30 days' notice of cancellation to the commissioner.  (d) The MEWA has established a procedure, to the satisfaction of the commissioner, for handling claims for benefits in the event of dissolution of the MEWA.  (e) The MEWA has delivered to the commissioner a bond, deposit, or security for the protection of subscribers as the commissioner requires. History: Add. 1986, Act 121, Eff. July 1, 1986 ;-- Am. 1999, Act 82, Imd. Eff. June 28, 1999 Popular Name: Act 218
MI Comp L § 500.7012 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7012 - Fees; Payment and Collection; Service of Process; Designation and Purpose of Fees.

500.7012 Fees; payment and collection; service of process; designation and purpose of fees.Sec. 7012.  (1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:   (a) Filing fee to accompany application for certificate of authority....................... $ 200.00.   (b) Certificate of authority....................... $ 25.00.   (c) Filing fee for annual statement each year...... $ 25.00.  (2) Each MEWA shall appoint the commissioner as its resident agent for purposes of service of process. The fee for such service shall be in the amount of $5.00, payable at the time of service.  (3) Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this chapter. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218
MI Comp L § 500.7014 (2021)
2021 Michigan Compiled Laws|Chapter 500 - Insurance Code of 1956|Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)|218-1956-70 - Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)|Section 500.7014 - Issuance of Certificate of Authority; Refusal to Grant Certificate; Notice of Refusal; Request for and Conduct of Hearing.

500.7014 Issuance of certificate of authority; refusal to grant certificate; notice of refusal; request for and conduct of hearing. Sec. 7014.  After examination and investigation, the commissioner shall issue a certificate of authority to the MEWA if the commissioner is satisfied that the MEWA is in a stable and unimpaired financial condition and that the MEWA is qualified to maintain an employee welfare benefit plan in compliance with this chapter. The commissioner shall refuse to grant a certificate of authority to an applicant who fails to meet the requirements of this chapter. Notice of refusal shall be in writing and shall set forth the basis for the refusal. If the applicant submits a written request within 30 days after mailing of the notice of refusal, the commissioner shall promptly 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 24.328 of the Michigan Compiled Laws, in which the applicant shall be given an opportunity to show compliance with the requirements of this chapter. History: Add. 1986, Act 121, Eff. July 1, 1986 Popular Name: Act 218