# Mich. Comp. Laws § 500.402b: Transactions of insurance not requiring certificate of authority > Michigan · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.402b ## Section - **Citation:** Mich. Comp. Laws § 500.402b - **Heading:** Transactions of insurance not requiring certificate of authority - **Jurisdiction:** Michigan - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** MI Code / Chapter 500 / Act Act-218-of-1956 / Section 500.402b ## Text Sec. 402b. In this state, the following constitute transactions of insurance for which a certificate of authority is not required: Transaction of insurance under chapter 19. Transaction of reinsurance, except a transfer of direct obligations to policyholders by assumption reinsurance or other transaction to the same effect. Transaction of insurance on a risk not resident or located in this state at the time the insurance took effect, if the insurance was not written in this state. Transaction of group or blanket insurance or group annuities in which a master policy was lawfully issued to an employer located in another state for the benefit of employees residing in this state. Transaction of property or casualty insurance, under the same policy, on 1 or more risks resident or located both within and outside this state, if, under all the circumstances of the transaction, any appropriate part of the premium on the policy was apportioned to this state and if the policy was lawfully issued to a person resident in another state. Transaction of insurance as defined in sections 614 and 616. Transaction of insurance independently procured through negotiations occurring entirely outside of this state. Transaction of insurance by a nonprofit life insurance company, if the transactions involve life insurance, disability, or annuity contracts issued direct from the home office of the company, without agents or representatives in this state other than representatives servicing life insurance, disability, annuity contracts, or providing information upon request concerning other products of the company, only to or for the benefit of employees of nonprofit educational, scientific, or religious institutions. The transactions defined in this subdivision do not include those of a fraternal benefit society, as defined in section 8164. Transaction of group health insurance and incidental death and disability insurance if all of the following are met: The group health insurance and incidental death and disability insurance is maintained pursuant to a written collective bargaining agreement between a labor organization and 1 or more city, village, township, or county employers. The labor organization demonstrates to the commissioner's satisfaction that it meets the definition of the term "labor organization" as defined in section 2(5) of the national labor relations act, chapter 372, 49 Stat. 450, 29 U.S.C. 152. The group health insurance and incidental death and disability insurance is regulated under the employee retirement income security act of 1974, Public Law 93-406, 88 Stat. 829, and is funded by a trust fund as described in section 302(c)(5) of title III of the labor management relations act, 1947, chapter 120, 61 Stat. 157, 29 U.S.C. 186. History: Add. 1967, Act 111, Eff. Nov. 2, 1967; Am. 1980, Act 341, Imd. Eff. Dec. 23, 1980; Am. 1982, Act 195, Imd. Eff. June 30, 1982; Am. 1987, Act 261, Imd. Eff. Dec. 28, 1987; Am. 1988, Act 341, Imd. Eff. Oct. 18, 1988; Am. 1990, Act 1, Eff. Apr. 1, 1990; Am. 1992, Act 182, Imd. Eff. Oct. 1, 1992; Am. 1994, Act 226, Imd. Eff. June 27, 1994 ## Nearby sections - [Mich. Comp. Laws § 500.100 Insurance code of 1956; short title.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.100.md) - [Mich. Comp. Laws § 500.102 Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.102.md) - [Mich. Comp. Laws § 500.110 Domestic, foreign, alien; definitions.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.110.md) - [Mich. Comp. Laws § 500.114 Person; definition.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.114.md) - [Mich. Comp. Laws § 500.122 Applicability of Michigan antitrust reform act.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.122.md) - [Mich. Comp. Laws § 500.129 Medical retainer agreement not subject to act.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.129.md) - [Mich. Comp. Laws § 500.134 Validity of certificate of authority or license in force prior to January 1, 1957; validity of plan of operation and premium or assessment; association or facility not state agency and money thereof not state money; records exempt from disclosure; premium or assessment not burden under MCL 500.476a; “association or facility” defined.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.134.md) - [Mich. Comp. Laws § 500.202 Insurance commissioner; qualifications, office, term, appointment, approval, vacancy.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.202.md) - [Mich. Comp. Laws § 500.205 Commissioner; powers.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.205.md) - [Mich. Comp. Laws § 500.222 Examination of insurers; examination report; hearing; public inspection; disclosure of confidential information; effect of current examination; director's authority to terminate or suspend examination not limited; limitation on foreign insurer examination.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.222.md) - [Mich. Comp. Laws § 500.223 Application for certificate of authority; fee; withdrawal of application; reapplication fee; disposition.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.223.md) - [Mich. Comp. Laws § 500.224a Report relating to regulatory fees.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.224a.md) - [Mich. Comp. Laws § 500.226 Disclosure of confidential information; penalty.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.226.md) - [Mich. Comp. Laws § 500.228 Examinations and investigations of insurers; report of crimes to attorney general.](https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.228.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MI_C500_AAct-218-of-1956_S500.402b. Check the current official text before relying on it. Not legal advice.