{"data":{"id":"us-mi/mich.-comp.-laws-500.1601","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1601","heading":"Insurer or producer transacting creditor-placed insurance; scope.","body":"Sec. 1601.\n\nThis chapter applies to an insurer or producer transacting creditor-placed insurance as defined in this chapter.\n\nAll creditor-placed insurance written in connection with credit transactions for personal, family, or household purposes is subject to the provisions of this chapter, except for the following:\n\nTransactions involving extensions of credit primarily for business or commercial purposes.\n\nInsurance on collateralized real property.\n\nInsurance offered by the creditor and elected by the debtor at the debtor's option.\n\nInsurance for which no specific charge is made to the debtor or the debtor's account.\n\nBlanket insurance, whether paid for by the debtor or the creditor.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1601","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"63fe671d578891f18d0984f68dfbce7d4969bed3151971509df880407850d4a1","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1514","next":"us-mi/mich.-comp.-laws-500.1603"},"notice":"GroundRules: Original legal text. Not legal advice."}