Mich. Comp. Laws § 500.1902
Liberal construction and application.
Michigan · Michigan Compiled Laws — THE INSURANCE CODE OF 1956 (Act 218 of 1956) · Status: effective
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- Mich. Comp. Laws § 500.1902, Liberal construction and application, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1367592
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Full text
This chapter shall be liberally construed and applied to promote its underlying purposes which include:
(a) Protecting persons seeking insurance in this state.
(b) Permitting stable and reputable insurers to write surplus lines insurance in this state.
(c) Establishing a system of regulation which will permit an orderly access to surplus lines insurance in this state.