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Michigan Compiled Laws, Chapter 500. Insurance Code of 1956 § 500.7012

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 7012. (1) The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:

(a)

Filing fee to accompany application for certificate of authority․․․․․․․․․․․․․․․․․․

․․․․$200.00.

(b)

Certificate of authority․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․

․․․․$ 25.00.

(c)

Filing fee for annual statement each year․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․

․․․․$ 25.00.

(2) Each MEWA shall appoint the commissioner as its resident agent for purposes of service of process. The fee for such service shall be in the amount of $5.00, payable at the time of service.

(3) Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this chapter.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 500. Insurance Code of 1956 § 500.7012 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-500-insurance-code-of-1956/mi-comp-laws-500-7012/

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