Michigan Laws 550.843 – Retention schedule; records, books, papers, and other data; destruction or disposal of certain documents prohibited
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Terms Used In Michigan Laws 550.843
- Department: means the department of insurance and financial services. See Michigan Laws 550.815
- Director: means the director of the department. See Michigan Laws 550.815
(1) The director shall establish a retention schedule for all records, books, papers, and other data on file with the department related to the enforcement of this act.
(2) The director shall not order the destruction or other disposal of a record, book, paper, or other data that is any of the following:
(a) Required by law to be filed or kept on file with the department until 10 years have passed.
(b) Filed during the director’s administration or administrations.