Mich. Comp. Laws » Michigan Compiled Laws / Chapter 550 / Act 233 of 1984
Michigan Compiled Laws

Mich. Comp. Laws § 550.51 (2026)

Short title.

✓ current as of July 2026
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PRUDENT PURCHASER ACT


Act 233 of 1984


550.51 Short title.

Sec. 1.

    This act shall be known and may be cited as the "prudent purchaser act".

History: 1984, Act 233, Eff. Dec. 20, 1984

Compiler's Notes:

    For transfer of authority, powers, duties, functions, and responsibilities of the insurance bureau and the commissioner of insurance to the commissioner of the office of financial and insurance services and the office of financial and insurance services, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.

Notes of Decisions
Cited in 4 cases, 1988–1996 · leading case: BPS Clinical Labs. v. Blue Cross & Blue Shield, 552 N.W.2d 919 (Mich. Ct. App. 1996).
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BPS Clinical Labs. v. Blue Cross & Blue Shield, 552 N.W.2d 919 (Mich. Ct. App. 1996). · cites it 6× “Second, plaintiffs argued for mandamus relief ordering defendant to comply with the Prudent Purchaser Act (ppa), MCL 550.51 et seq.) MSA 24.650(51) et seq.”
Michigan Podiatric Med. Ass'n v. Nat'l Foot Care Prog., Inc., 438 N.W.2d 349 (Mich. Ct. App. 1989). “, the Prudent Purchaser Act (ppa), MCL 550.51 et seq.; MSA 24.650(51) et seq.”
BPS Clinical Labs. v. Blue Cross & Blue Shield, 522 N.W.2d 902 (Mich. Ct. App. 1994). · cites it 4× “On October 9, 1991, the circuit court granted defendant's motion for summary disposition with regard to all issues except plaintiffs' claim under the Prudent Purchaser Act (PPA), MCL 550.51 et seq. ; MSA 24.650(51) et seq.”
Cowan v. Blue Cross & Blue Shield, 421 N.W.2d 243 (Mich. Ct. App. 1988). “That act was amended by the Prudent Purchaser Act (ppa), 1984 PA 233 , MCL 550.51 et seq.; MSA 24.650(51) et seq.”
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