™Your Policy Risk Impact Agent
32 chapters · 358 sections in this title.
Mich. Comp. Laws § 550.701 Insurance of state property; determination; approval; bids; purchase of deductible or catastrophe insurance; payment of premiums.
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Sec. 1. (1) An officer or agent of this state or a person or persons having charge of a state owned and state used building or property of the state shall not pay out any public moneys or funds on account of an insurance against loss by fire, lightning, windstorm, explosion, riot…
Mich. Comp. Laws § 550.704 Loss in case of damage; fixing amount.
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Sec. 4. In case any buildings or property of the state other than those insured under the provisions of section 1 shall be damaged by fire, lightning, windstorm, explosion, riot, riot attending a strike, civil commotion, falling aircraft, hail (except growing crops) and smoke, ca…
Mich. Comp. Laws § 550.705 Loss in case of damage; payment, release of additional amounts necessary to rebuild or restore.
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Sec. 5. When the amount of loss has been fixed and determined to be $50,000.00 or less by the controller, the amount so determined is appropriated in the applicable fund to be used by the state administrative board, for the rebuilding or restoring of the property damaged, and to …
Mich. Comp. Laws § 550.709 Self-liquidation projects exempted; applicability of act.
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Sec. 9. The provisions of this act shall not have application to any structure, building, or the contents thereof, acquired, purchased or erected as self-liquidating projects pursuant to the terms of Act No. 15 of the Public Acts of 1937, as amended, being sections 390.451 to 390…