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Code · Michigan · Chapter 500 — Insurance Code of 1956

500.3902 Offer of long-term care coverage by subsidiary of health care corporation.

87 words·~1 min read·/mi/chapter-500/500-3902

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500.3902 Offer of long-term care coverage by subsidiary of health care corporation.
Sec. 3902.
A nonprofit health care corporation shall only offer long-term care coverage through a subsidiary of the health care corporation and as provided in this chapter. If a health care corporation subsidiary offers long-term care coverage in this state, the sale of that coverage is not exempt from taxation by this state or any political subdivision of this state.
History: Add. 2006, Act 441 , Imd. Eff. Oct. 19, 2006
Popular Name: Act 218
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