Mich. Comp. Laws § 500.3385 : INSURANCE CODE OF 1956 —THE INSURANCE CODE OF 1956 — CHAPTER 33. AUTOMOBILE INSURANCE PLACEMENT FACILITY — Recoupment of assessments; surcharge; rate including factor for recoupment

Any assessments paid by participating members pursuant to section 3330(1)(c) may be recouped through a surcharge in the insurers rates for automobile insurance policies issued by the member, including policies issued on behalf of the facility. A rate shall not be considered excessive because the rate includes a factor for recoupment pursuant to this section.

MCL 500.3385

Add. 1979, Act 145, Eff. 1/1/1981 .
SECTIONS