Terms Used In Michigan Laws 500.3965

  • Department: means the department of insurance and financial services. See Michigan Laws 500.102
  • Insurer: means an individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds organization, fraternal benefit society, or other legal entity, engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.106
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Policy: means that term as defined in section 3901. See Michigan Laws 500.3957
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  An insurer that issues a partnership policy shall provide copies of the regular reports described in 45 C.F.R. § 144.200 to 144.214 to the state department of health and human services.