Sec. 815.
The unearned premium reserve on mortgage guaranty insurance shall be computed in accordance with section 808, except that on policies covering a risk period of more than 1 year the unearned premium reserve shall be computed in accordance with rules promulgated by the commissioner.
History: Add. 1972, Act 345, Imd. Eff. Jan. 9, 1973
Popular Name: Act 218
Admin Rule: R 500.1231 et seq. of the Michigan Administrative Code.