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Code · Michigan · Chapter 550 — General Insurance Laws

550.918 Fees; payment; collection; and designation.

110 words·~1 min read·/mi/chapter-550/550-918

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550.918 Fees; payment; collection; and designation.
Sec. 18.
(1)The commissioner shall collect, and the persons affected shall pay to the commissioner, the following fees:
(a)Filing fee to accompany application for third party administrator's certificate of authority $ 200.00.
(b)Certificate of authority for a third party administrator $ 25.00.
(c)Filing fee for annual statement of a third party administrator, each year $ 25.00.
(2)Fees paid under this section shall be designated for the insurance bureau to cover the additional costs incurred as a result of this act.
History: 1984, Act 218, Eff. Jan. 1, 1985 ;-- Am. 2002, Act 74 , Imd. Eff. Mar. 15, 2002
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