Michigan Laws 550.918 – Fees; payment; collection; and designation
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 550.918
- Commissioner: means the director. See Michigan Laws 550.902
(1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:
| (a) Filing fee to accompany application for third party administrator’s certificate of authority……….. | $ | 200.00. |
| (b) Certificate of authority for a third party administrator…………………………………….. | $ | 25.00. |
| (c) Filing fee for annual statement of a third party administrator, each year…………………………… | $ | 25.00. |
(2) Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this act.