Michigan Compiled Laws
Mich. Comp. Laws § 500.1512 (2026)
Premium finance agreement; filing not required.
✓ current as of July 2026
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THE INSURANCE CODE OF 1956
Act 218 of 1956
500.1512 Premium finance agreement; filing not required.
Sec. 1512.
No filing of the premium finance agreement shall be necessary to perfect the validity of such agreement as a secured transaction as against creditors, subsequent purchasers, pledgees, encumbrances, successors or assigns.
History: Add. 1968, Act 352, Eff. Nov. 15, 1968
PopularName Notes:
Act 218Notes of Decisions
Cited in 1
case, 2009–2009 · leading case: St. James Inc. v. Cananwill, Inc. (In Re St. James Inc.), 402 B.R. 209 (Bankr. E.D. Mich. 2009).
St. James Inc. v. Cananwill, Inc. (In Re St. James Inc.), 402 B.R. 209 (Bankr. E.D. Mich. 2009). “Mich. Comp. Laws § 500.1512 . Assuming that Duke Roofing was correct in its view of Michigan’s non-U.”
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