{"data":{"id":"us-mi/mich.-comp.-laws-500.2017","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.2017","heading":"Unfair methods of competition or deception; illegal inducements.","body":"Sec. 2017.\n\nThe following are defined as unfair methods of competition and unfair and deceptive acts or practices in the business of insurance:\n\nIssuing or delivering or permitting agents, officers, or employees to issue or deliver, agency company stock or other capital stock, or benefit certificates or shares in any common law corporation, or securities or any special or advisory board contracts or other contracts of any kind promising returns and profits as an inducement to insurance.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-2017","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"fac083e688fe7dc637cdfcaaa0d555035fd95755982903e4090a2cdf68c0323e","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.2016","next":"us-mi/mich.-comp.-laws-500.2018"},"notice":"GroundRules: Original legal text. Not legal advice."}