§ 500.1801 Definitions
§ 500.1803 Risk retention group chartered in state; certificate of authority; license; compliance
§ 500.1805 Risk retention group chartered in state; summary form of required information
§ 500.1807 Risk retention group chartered in state; plan of operation or feasibility study
§ 500.1809 Risk retention group chartered in state; name
§ 500.1811 Risk retention group not chartered in state; submission of information to commissioner
§ 500.1813 Risk retention group without certificate of authority issued by commissioner; tax; regulatory fee; report
§ 500.1815 Risk retention group not chartered in state and doing business in state; compliance required; examination of financial condition
§ 500.1817 Risk retention group not chartered in state and doing business in state; voluntary dissolution or delinquency proceeding
§ 500.1819 Notice required on application form and front and declaration pages of policy
§ 500.1821 Risk retention group chartered or doing business in state; prohibited conduct
§ 500.1823 Violation; fines and penalties; compliance
§ 500.1825 Purchasing group; information required before doing business in state
§ 500.1827 Purchasing group and insurer thereof; registration fee; statement of registration; applicability of subsection (1); information to be furnished
§ 500.1829 Purchase of insurance by purchasing group; written information to members; deductible or self-insured retention
§ 500.1831 Premium taxes and other taxes
§ 500.1833 Prohibitions regarding property and casualty guaranty association or similar association; risks covered by property and casualty guaranty association; participating member in Michigan automobile
§ 500.1835 Licensing as condition to soliciting, negotiating, or procuring liability insurance; residency requirement for agent or broker; licensure of nonresident
§ 500.1837 Enforcement
§ 500.1839 Financial responsibility
§ 500.1843-500.1864 Repealed. 1980, Act 341, Eff. June 23, 1981
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Terms Used In Michigan Laws > Chapter 500 > Act 218 of 1956 > Chapter 18

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Alarm system: means any mechanical or electrical device, including an electronic access control system, a video monitoring system, a burglar alarm system, smoke detectors, or any other electronic system that is designed to emit an audible alarm or transmit a signal or message to a central monitoring station if it is activated and that is used to detect an unauthorized entry into a protected premises or alert other persons of the occurrence of a fire or medical emergency or the commission of an unlawful act against a person or in a protected premises. See Michigan Laws 338.2182
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Applicant: means a person for which a registration statement is filed under section 3. See Michigan Laws 338.2182
  • Arrest: Taking physical custody of a person by lawful authority.
  • Background check: means a criminal history check administered by a public or private entity that examines federal and state government records in a manner that allows for the successful identification of the criminal offenses listed in section 4(3)(c). See Michigan Laws 338.2182
  • Board: means the state board of forensic polygraph examiners. See Michigan Laws 338.1703
  • Chartered: means a risk retention group licensed and authorized to engage in business as a liability insurance company in a state. See Michigan Laws 500.1801
  • Commissioner: means the director. See Michigan Laws 500.102
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Department: means department of licensing and regulatory affairs. See Michigan Laws 338.2182
  • Elevator journeyman: means a person who is qualified and licensed by this state to perform, or to provide supervision in the performance of, the work of installation, alteration, maintenance, repair, servicing, adjusting, inspecting, or testing of elevators. See Michigan Laws 338.2151
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Examinee: means an individual who is being examined, tested, or questioned by an examiner or intern for the purpose of detecting deception or verifying truthfulness. See Michigan Laws 338.1703
  • Examiner: means any person, other than an intern, who does any of the following:
    (i) Purports to detect deception, verify truthfulness, or provide a diagnostic opinion of these matters through instrumentation or the use of a mechanical device. See Michigan Laws 338.1703
  • feasibility study: means an analysis which presents the expected activities and results of a risk retention group including all of the following:
    •     (i) Information sufficient to verify that a risk retention group's members are engaged in businesses or activities similar or related with respect to the liability to which the members are exposed by virtue of a related, similar, or common business, trade, product, service, premises, or operation. See Michigan Laws 500.1801
  • Fraud: Intentional deception resulting in injury to another.
  • Hazardous financial condition: means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to meet obligations to policyholders with respect to known claims and reasonably anticipated claims or to pay other obligations in the normal course of business. See Michigan Laws 500.1801
  • in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Insurer: means an individual, corporation, association, partnership, reciprocal exchange, inter-insurer, Lloyds organization, fraternal benefit society, or other legal entity, engaged or attempting to engage in the business of making insurance or surety contracts. See Michigan Laws 500.106
  • Intern: means a person who is actively engaged in an approved training program pursuant to becoming an examiner. See Michigan Laws 338.1703
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liability: means legal liability for damages including costs of defense, legal costs and fees, and other claims expenses because of personal injuries, property damage, or other damage or loss, to another person resulting from or arising out of a profit or nonprofit business, trade, product, service, including professional service, a premises or operation, or an activity of a state or local government or an agency or political subdivision of a state or local government. See Michigan Laws 500.1801
  • month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Person: means any natural person, firm, association, partnership, or corporation. See Michigan Laws 338.1703
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • Personal risk liability: means liability for damages because of personal injury, property damage, or other loss or damage, to any person resulting from a personal, family, or household responsibility or activity, and not from responsibilities or activities described under subdivision (c). See Michigan Laws 500.1801
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Protected premises: means a location at or in which a system user's security alarm system is installed and maintained. See Michigan Laws 338.2182
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
  • Purchasing group: means a group which meets all of the following:
    •     (i) Has as 1 of its purposes the purchase of liability insurance on a group basis. See Michigan Laws 500.1801
  • Rate: means the cost of insurance per payroll before adjustment for an individual insured's size, exposure, or loss experience. See Michigan Laws 500.2402
  • Registrant: means a person that is registered by the department as a system provider. See Michigan Laws 338.2182
  • Registration: means a registration that is issued by the department. See Michigan Laws 338.2182
  • Risk retention group: means a corporation or other limited liability association which meets all of the following criteria:
    •     (i) Is either of the following:
        (A) Chartered in a state. See Michigan Laws 500.1801
  • Security alarm system: means a detection device or an assembly of equipment and devices that transmits signals to a central monitoring station and is arranged to signal the presence of a hazard that requires urgent attention or to which police are expected to respond. See Michigan Laws 338.2182
  • Service of process: The service of writs or summonses to the appropriate party.
  • shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
  • State: means any state of the United States or the District of Columbia. See Michigan Laws 500.1801
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o