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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.1201a Sale, solicitation, or negotiation of insurance; license required; applicability to excess and surplus lines agents and brokers.

91 words·~1 min read·/mi/chapter-500/500-1201a

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500.1201a Sale, solicitation, or negotiation of insurance; license required; applicability to excess and surplus lines agents and brokers.
Sec. 1201a.
(1)A person shall not sell, solicit, or negotiate insurance in this state for any line of insurance unless the person is licensed for that qualification in accordance with this chapter.
(2)This chapter does not apply to excess and surplus lines agents and brokers licensed under chapter 19 except as provided in sections 1204e and 1206a.
History: Add. 2001, Act 228 , Eff. Mar. 1, 2002
Popular Name: Act 218
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