Sec. 402. A person shall not act as an insurer and an insurer shall not issue a policy or otherwise transact insurance in this state except as authorized by a subsisting certificate of authority granted to it by the director under this act.
Mich. Comp. Laws § 500.402
Insurers; certificate of authority requirement
Applied in 4 court decisions — leading case Smith v. Globe Life Insurance (1999)
Most recently applied in 31 F. Supp. 3d 913 - Tikkanen v. Liberty Life Assurance Co. (July 2014)
1956, Act 218, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.