Michigan Compiled Laws
Mich. Comp. Laws § 550.615 (2026)
Papers filed with commissioner of issuing state; withdrawal of approval.
✓ current as of July 2026
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CREDIT INSURANCE ACT
Act 173 of 1958
550.615 Papers filed with commissioner of issuing state; withdrawal of approval.
Sec. 15.
The commissioner, at any time after a hearing, of not less than 20 days written notice to the insurer, may withdraw his approval of any such form on any of such grounds.
History: 1958, Act 173, Eff. Sept. 13, 1958
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 2
cases, 1983–1983 · leading case: Am. Way Life Ins. Co. v. Ins. Comm'r, 345 N.W.2d 634 (Mich. Ct. App. 1983).
Am. Way Life Ins. Co. v. Ins. Comm'r, 345 N.W.2d 634 (Mich. Ct. App. 1983). “This action was taken pursuant to § 15 of the act, MCL 550.615; MSA 24.568(15), which provides: "The commissioner, at any time after a hearing, of not less than 20 days written notice to the insurer, may withdraw his approval of any such form on any of such grounds.”
Am. Way Life Ins. v. Comm'r of Ins., 345 N.W.2d 634 (Mich. Ct. App. 1983). “This action was taken pursuant to § 15 of the act, MCL 550.615; MSA 24.568(15), which provides: "The commissioner, at any time after a hearing, of not less than 20 days written notice to the insurer, may withdraw his approval of any such form on any of such grounds.”
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