§ 500.2700 Applicability of chapter
§ 500.2702 Meaning of group legal expense insurance
§ 500.2704 Rate-making procedure; uniformity among insurers; excessive rates
§ 500.2706 Procedures and standards for approval of casualty rates and forms to apply to legal expense insurance

Terms Used In Michigan Laws > Chapter 500 > Act 218 of 1956 > Chapter 27 - Legal Expense Insurance

  • Addition: shall mean added space which results in additional cubic contents to existing building. See Michigan Laws 388.851a
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the department of insurance and financial services. See Michigan Laws 500.102
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • 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
  • MDA: means the Michigan department of agriculture. See Michigan Laws 388.842
  • MDE: means the Michigan department of education. See Michigan Laws 388.842
  • 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.
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Rate: means the cost of insurance per payroll before adjustment for an individual insured's size, exposure, or loss experience. See Michigan Laws 500.2402
  • 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
  • Trustee: A person or institution holding and administering property in trust.