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Terms Used In Michigan Laws 777.15a

  • Fraud: Intentional deception resulting in injury to another.
  • Property: includes any matter or thing upon or in respect to which an offense may be committed. See Michigan Laws 761.1
  This chapter applies to the following felonies enumerated in chapters 500 to 550 of the Michigan Compiled Laws:

M.C.L. Category Class Description Stat Max
500.1325(3) Pub trst E Insurance code — knowingly misrepresenting false financial condition 5
500.1371 Pub trst H Holding companies — violation 2
500.1505(2) Pub trst C Insurance code — license and regulatory violations 15
500.4511(1) Pub trst F Insurance code — fraudulent insurance act 4
500.4511(2) Pub trst D Insurance fraud — agreement or conspiracy to commit 10
500.5252(4) Property G Insurance — improper personal interest in transactions 5
500.7034(2) Pub trst E Officer of a MEWA knowingly receive valuables for sale property or loan 10
500.8197(2) Pub trst C Insurance — knowing or willful false statements in application for insurance 15
500.8197(3) Property E Consolidation merger — compensation otherwise than expressed in contract 5