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MI HB6155
Bill
Status
6/1/2022
Primary Sponsor
Sarah Anthony
Click for details
AI Summary
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Amends the Michigan Insurance Code to modify exemptions from insurance producer licensing requirements for persons selling portable electronics insurance.
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Adds a new subsection (3) making the exemption for portable electronics insurance sales contingent on the department not furnishing a limited line portable electronics insurance producer license application under section 1298 within 60 days.
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Renumbers existing definitions subsection from (3) to (4) to accommodate the new contingency provision.
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Bill effectiveness is conditioned on simultaneous enactment of eight related bills: HB 6158, 6162, 6156, 6163, 6159, 6160, 6161, and 6157.
Legislative Description
Insurance: other; portable electronics insurance; provide for. Amends sec. 1202 of 1956 PA 218 (MCL 500.1202). TIE BAR WITH: HB 6169'22
Insurance: other
Last Action
Bill Electronically Reproduced 06/01/2022
6/2/2022