§ 418.501 Self-insurers’ security fund and second injury fund; silicosis, dust disease, and logging industry compensation fund; uninsured employer’s security fund; private employer group self-insurers secu
§ 418.501a Liability of self-insurer’s security fund; termination on January 1, 2020; responsibility of PEGSISF on and after January 1, 2020; assessment
§ 418.501b Assessments
§ 418.502 “Insolvent private self-insured employer” defined
§ 418.511 Board of trustees; appointment, term, expenses
§ 418.515 Board of trustees; powers and duties; funds administrator; office space; clerical assistance; expenses; legal advice and representation
§ 418.521 Second injury fund; payments reimbursable
§ 418.531 Disability or death from silicosis, dust disease, employment in logging industry, or exposure to polybrominated biphenyl; reimbursement of carrier; limitation; right of funds to commence action a
§ 418.535 Disability caused by combination of causes; apportionment; reimbursement of employer
§ 418.537 Payments from self-insurers’ security fund
§ 418.538 Claims authorized under MCL 418.501a; payment
§ 418.541 Payments from funds; notice of claim for reimbursement; agreements; rights of fund as employer or carrier
§ 418.545 Compromising liability of silicosis, dust disease, and logging industry compensation fund; redemption of liability
§ 418.551 Assessments; notice; payment; assessments as elements of loss in establishing rates; continuation of liability; certification of receipts; delinquencies; disposition of money; investments; dispos
§ 418.552 Insufficiency of funds; borrowing; repayment; restriction; special assessment
§ 418.552a Expired. 1980, Act 357, Eff. Jan. 1, 1986
§ 418.552b Silicosis, dust disease, and logging industry compensation fund; review; report
§ 418.553 Self-insurers’ security fund or private employer group self-insurers security fund; subrogation
§ 418.555 Reimbursement provisions; delinquent carriers
§ 418.561 Application for self-insurance; agreement as to insolvency
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Terms Used In Michigan Laws > Chapter 418 > Act 317 of 1969 > Chapter 5 - Funds

  • abandoned sign: means a sign or sign structure subject to this act, the owner of which has failed to secure a permit, has failed to identify the sign or sign structure, or has failed to respond to notice. See Michigan Laws 252.302
  • Adjacent area: means the area measured from the nearest edge of the right-of-way of an interstate highway, freeway, or primary highway and, in urbanized areas, extending 3,000 feet perpendicularly and then along a line parallel to the right-of-way line or, outside of urbanized areas, extending perpendicularly to the limit where a sign is visible and then along a line parallel to the right-of-way line. See Michigan Laws 252.302
  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Billboard: means a sign separate from a premises erected for the purpose of advertising a product, event, person, or subject not related to the premises on which the sign is located. See Michigan Laws 252.302
  • Business area: means an adjacent area that is zoned by a state, county, township, or municipal zoning authority for industrial or commercial purposes, customarily referred to as "b" or business, "c" or commercial, "i" or industrial, "m" or manufacturing, and "s" or service, and all other similar classifications and that is within a city, village, or charter township or is within 1 mile of the corporate limits of a city, village, or charter township or is beyond 1 mile of the corporate limits of a city, village, or charter township and contains 1 or more permanent structures devoted to the industrial or commercial purposes described in this subdivision and that extends along the highway a distance of 800 feet beyond each edge of the activity. See Michigan Laws 252.302
  • Carrier: means a self-insurer or an insurer. See Michigan Laws 418.601
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • culvert: as used in this act shall be considered as synonymous terms. See Michigan Laws 254.30
  • Department: means the state transportation department. See Michigan Laws 252.302
  • Dependent: A person dependent for support upon another.
  • Digital billboard: means a sign or sign structure that utilizes an electronic means to display a series of messages that are changed by electronic means. See Michigan Laws 252.302
  • Digital billboard permit: means a permit for a digital billboard that is renewable on an annual basis. See Michigan Laws 252.302
  • director: means the director of the bureau or his or her duly authorized representative. See Michigan Laws 418.201
  • Disability: means a limitation of an employee's wage earning capacity in work suitable to his or her qualifications and training resulting from a personal injury or work-related disease. See Michigan Laws 418.301
  • employee: means :
    (a) A person in the service of the state, a county, city, township, village, or school district, under any appointment, or contract of hire, express or implied, oral or written. See Michigan Laws 418.161
  • Employment in the logging industry: means employment in the logging industry as described in the section in the workmen's compensation and employers liability insurance manual, entitled, "logging or lumbering and drivers code no. See Michigan Laws 418.501
  • Erect: means to construct, build, raise, assemble, place, affix, attach, create, paint, draw, or in any other way bring into being or establish. See Michigan Laws 252.302
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Freeway: means a divided highway of not less than 2 lanes in each direction to which owners or occupants of abutting property or the public do not have a right of ingress or egress to, from, or across the highway, except at points determined by or as otherwise provided by the authorities responsible for the freeway. See Michigan Laws 252.302
  • 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
  • Insurer: means an organization that transacts the business of worker's compensation insurance within this state. See Michigan Laws 418.601
  • Interstate highway: means a highway officially designated as a part of the national system of interstate and defense highways by the department and approved by the federal government under 23 USC 103. See Michigan Laws 252.302
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Location: means a place where a sign structure subject to this act is located. See Michigan Laws 252.302
  • Main-traveled way: means the traveled way of a highway on which through traffic is carried. See Michigan Laws 252.302
  • Maintain: means to allow to exist and includes the periodic changing of advertising messages, and customary maintenance and repair of signs and sign structures. See Michigan Laws 252.302
  • 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
  • Nonconforming sign: means a sign or sign structure, other than a nonstandard sign or a sign that is erected and maintained in a business area along a scenic byway prior to the designation as a scenic byway, that satisfies 1 of the following:
    •     (i) Was legally erected before March 31, 1972 but could not be legally erected under the current provisions of this act. See Michigan Laws 252.302
  • Nonstandard sign: means a sign or sign structure other than a nonconforming sign, that is subject to this act, was legally erected before March 23, 1999, is not a nonconforming sign, and does not comply with the spacing requirements in section 17(1), but otherwise complies with this act. See Michigan Laws 252.302
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • PEGSISF: means the fund created in subsection (4). See Michigan Laws 418.501
  • Person: means any individual, partnership, private association, or corporation, state, county, city, village, township, charter township, or other public or municipal association or corporation. See Michigan Laws 252.302
  • Primary highway: means a highway other than an interstate highway or freeway that is a regulated route. See Michigan Laws 252.302
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Self-insurer: means either of the following:
    •     (i) An individual employer authorized to carry its own risk. See Michigan Laws 418.601
  • Sign: means any outdoor sign, display, device, figure, painting, drawing, message, placard, poster, billboard, or other thing, whether placed individually or on a T-type, V-type, back to back, or double-faced display, that is designed, intended, or used to advertise or inform. See Michigan Laws 252.302
  • Sign structure: means the assembled components that make up an outdoor advertising display, including, but not limited to, uprights, supports, facings, and trim. See Michigan Laws 252.302
  • 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
  • Statute: A law passed by a legislature.
  • Trivision sign: means a sign or sign structure that uses mechanical means to display more than 1 message in sequence. See Michigan Laws 252.302
  • Trustee: A person or institution holding and administering property in trust.
  • United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
  • Unzoned commercial or industrial area: means an area that is within an adjacent area, that is not zoned by state or local law, regulation, or ordinance, that contains 1 or more permanent structures devoted to the industrial or commercial purposes described in subdivision (e), and that extends along the highway a distance of 800 feet beyond each edge of the activity. See Michigan Laws 252.302
  • Visible: means a sign that has a message that is capable of being seen by an individual of normal visual acuity when traveling in a motor vehicle. See Michigan Laws 252.302