Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)

  1. Law
  2. Michigan Compiled Laws
  3. Insurance Code of 1956
  4. 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
  5. Chapter 70 Multiple Employer Welfare Arrangements (500.7001...500.7090)

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Section
500.7001

Definitions.

Section
500.7004

Employee Welfare Benefit Plan as Multiple Employer Welfare Arrangement; Certificate of Authority Required; Applicability of Chapter.

Section
500.7006

Benefits to Which Authorized Mewa Limited.

Section
500.7010

Application for Certificate of Authority; Form; Submission of Application and Other Documents to Commissioner; Examination of Application and Documents; Investigation; Examination Under Oath of Certain Persons.

Section
500.7011

Conditions to Issuance of Certificate of Authority.

Section
500.7012

Fees; Payment and Collection; Service of Process; Designation and Purpose of Fees.

Section
500.7014

Issuance of Certificate of Authority; Refusal to Grant Certificate; Notice of Refusal; Request for and Conduct of Hearing.

Section
500.7018

Temporary Certificate; Organization of Proposed Mewa; Opening Books to Commissioner; Condition to Issuance of Final Certificate.

Section
500.7020

Issuance of Policies by Mewa; Premium or Premium Deposit; Contingent Premium; Restoration of Cash Reserves.

Section
500.7022

Name of Mewa; Proof of Existence of Mewa.

Section
500.7024

Powers of Mewa.

Section
500.7026

Articles, Bylaws, and Trust Agreement of Mewa and Amendments Thereto; Filing; Approval; Form for Trust Agreement; Notice of Meeting; Voting Rights; Powers to Be Exercised by Board of Trustees; Restrictions on Trustees.

Section
500.7028

Duties of Trustees; Limitation on Liability of Trustee.

Section
500.7030

Officers and Agents; Selection and Appointment; Authority and Duties; Removal; Bond.

Section
500.7032

Compensation of Trustee, Officer, or Employee.

Section
500.7034

Trustee or Officer; Prohibited Conduct; Violation as Felony; Penalty.

Section
500.7040

Financial Statements and Reports Required to Be Filed; Commingling of Cash Reserves Prohibited.

Section
500.7044

Notice to Individual Covered by Plan.

Section
500.7050

Examination of Affairs of Mewa; Access to Books, Records, and Documents; Examination of Trustees, Officers, Agents, and Employees; Payment and Disposition of Assessment.

Section
500.7060

Additional Provisions to Which Mewa Subject.

Section
500.7070

Certificate of Authority; Grounds for Suspension, Revocation, or Limitation.

Section
500.7074

Written Findings of Violation; Issuance and Service of Findings and Cease and Desist Order; Additional Orders.

Section
500.7076

Violation of Cease and Desist Order; Notice; Hearing; Civil Fine; Suspension or Revocation of Certificate of Authority.

Section
500.7078

Conduct of Proceedings for Payment of Fines or for Suspension, Revocation, or Limitation of Certificate of Authority; Appeal of Disputed Claim; Hearing.

Section
500.7080

Multiple Employer Welfare Arrangement Security Fund; Creation; Administration; Use; Appointment, Qualifications, Terms, and Compensation of Board of Trustees; Powers of Board of Trustees; Payment of and Accounting for Expenses.

Section
500.7084

Assessments; Purpose; Limitation; Notice; Payment; Assessments as Elements of Loss for Purpose of Establishing Rates; Liability of Employer Ceasing to Participate in Mewa; Certification of Collection and Receipt of Money From Assessments; Noting Delinquencies; Collection of Delinquent Assessment; Transfer of Money to State Treasurer; Treasurer or Custodian of Fund; Investments; Crediting Earnings From Investment.

Section
500.7086

Security Fund as Creditor of Insolvent Mewa; Reimbursement From Insolvent Mewa.

Section
500.7090

Effective Date of Chapter.