Michigan Laws 418.553 – Self-insurers’ security fund or private employer group self-insurers security fund; subrogation
Current as of: 2024 | Check for updates
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Terms Used In Michigan Laws 418.553
- employee: means :
(a) A person in the service of the state, a county, city, township, village, or school district, under any appointment, or contract of hire, express or implied, oral or written. See Michigan Laws 418.161Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The self-insurers’ security fund or the private employer group self-insurers security fund, after paying an injured employee, shall have all the rights of the injured employee as a creditor of the insolvent employer to the extent of benefits it paid. The trustees of the fund shall have the right and obligation to obtain reimbursement to the fund from an insolvent employer for any funds paid out as benefits to the employees of the insolvent employer, including expenses pertinent to payments or recovery thereof.