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MI HB4117
Bill
Status
1/31/2017
Primary Sponsor
Brandt Iden
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AI Summary
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Replaces the term "commissioner" with "director" throughout sections 1205 and 1239 of the Insurance Code of 1956.
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Modifies license approval language to state the director "shall not approve" applications unless conditions are met, rather than applications "shall not be approved."
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Adds a new subsection (2) to section 1239 allowing the director discretion to issue licenses to applicants with felony convictions involving dishonesty or breach of trust, rather than automatically denying such applications.
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Renumbers existing subsections in section 1239 from (2)-(5) to (3)-(6) to accommodate the new discretionary provision for felony convictions.
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Updates various procedural language throughout, including changing "pursuant to" to "under" and "shall" to "must" in administrative procedures references.
Legislative Description
Insurance; producers; license eligibility; modify. Amends secs. 1205 & 1239 of 1956 PA 218 (MCL 500.1205 & 500.1239).
Occupations: individual licensing and regulation
Last Action
Bill Electronically Reproduced 01/31/2017
2/1/2017