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§ 500.1218 — Michigan Law | CourtGPT
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  4. Chapter 500 - Insurance Code of 1956act 218 of 1956 - the Insurance Code of 1956 (500.100 - 500.8302)218-1956-1 -/
  5. Statute Act 218 of 1956/
  6. Division 218 1956 12/
  7. § 500.1218
Michigan Legal Code

§ 500.1218

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500.1218 Termination of solicitor's authority to represent agent; notice; disclosure; liability of agent. Sec. 1218. An agent shall immediately notify the commissioner of the termination of a solicitor's authority to represent the agent. The notice shall include full disclosure, with supporting evidence, of acts or omissions by the solicitor which reasonably may be construed to be a violation of this act or of any other statute and any act or omissions that may reflect on his qualification as a solicitor or which adversely affect the public interest. There shall not be any liability on the part of, and a cause of action of any nature shall not arise against, an agent for any statements or evidence provided in compliance with this section. History: Add. 1972, Act 133, Eff. Mar. 30, 1973 Popular Name: Act 218