{"data":{"id":"us-mi/mich.-comp.-laws-500.1916","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1916","heading":"Compensation of licensee and licensed resident agent; collection of premiums; effect of premium payment made to agent.","body":"Sec. 1916.\n\nA licensee may be compensated by an unauthorized insurer and the licensee may compensate a licensed resident agent in this state for obtaining surplus lines insurance business. The licensed resident agent authorized by the licensee may collect a premium on behalf of a surplus lines licensee and, as between the insured and the licensee, the licensee shall be considered to have received the premium if the premium payment has been made to the agent.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1916","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"23c4daffb6e00589bce98cef2eede967a8c9272a49d80422be568d3d6ac93e99","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1915","next":"us-mi/mich.-comp.-laws-500.1917"},"notice":"GroundRules: Original legal text. Not legal advice."}
