State Codes and Statutes

Statutes > Michigan > Chapter-550 > Act-386-of-1996 > Section-550-524a

VIATICAL SETTLEMENT CONTRACTS (EXCERPT)
Act 386 of 1996

550.524a Agreement to commit suicide; payment prohibited.

Sec. 4a.

A provider shall not offer to provide or provide any payment to a viator that is conditioned on the viator's agreement to commit suicide.


History: Add. 1999, Act 163, Imd. Eff. Nov. 4, 1999
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.

State Codes and Statutes

Statutes > Michigan > Chapter-550 > Act-386-of-1996 > Section-550-524a

VIATICAL SETTLEMENT CONTRACTS (EXCERPT)
Act 386 of 1996

550.524a Agreement to commit suicide; payment prohibited.

Sec. 4a.

A provider shall not offer to provide or provide any payment to a viator that is conditioned on the viator's agreement to commit suicide.


History: Add. 1999, Act 163, Imd. Eff. Nov. 4, 1999
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.


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-550 > Act-386-of-1996 > Section-550-524a

VIATICAL SETTLEMENT CONTRACTS (EXCERPT)
Act 386 of 1996

550.524a Agreement to commit suicide; payment prohibited.

Sec. 4a.

A provider shall not offer to provide or provide any payment to a viator that is conditioned on the viator's agreement to commit suicide.


History: Add. 1999, Act 163, Imd. Eff. Nov. 4, 1999
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.