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Code · Michigan · Chapter 550 — General Insurance Laws

550.1765 Appropriation for administration.

77 words·~1 min read·/mi/chapter-550/550-1765

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550.1765 Appropriation for administration.
Sec. 15.
For administration and compliance requirements created by this act, in the 2018-2019 state fiscal year and each fiscal year thereafter, the department shall receive from the insurance provider fund created in section 13 an amount not to exceed 1/2 of 1% of the annual remittances under this act in the 2018-2019 state fiscal year, subject to annual appropriation by the legislature.
History: 2018, Act 175 , Imd. Eff. June 11, 2018
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