Rule 5. The director may require a self-insurer or applicant
to submit additional reports, including an accident and claim activity report
or a statement of claims and losses, and any relevant additional information
that is necessary to determine the continuing ability of the self-insurer or
applicant to pay present and future claims. Any additional report, statement,
or information that is required must be made upon a form that is prescribed by
the director and is due not later than 30 days after being requested by the
director. If the director does not receive the additional report, statement, or
information within the 30-day period, the self-insurer's certificate of
self-insurance may be canceled or the applicant's application for a certificate
of self-insurance may be denied.
Notes
Mich. Admin. Code
R. 257.535
1993 AACS;
2018
MR
5, Eff. 3/15/2018