Privacy of Financial Information
Michigan Insurance Code of 1956, Chapter 5, MCL 500.501 to 500.547, 25 sections
Edition and licensing notes
Publisher. Michigan Legislature (www.legislature.mi.gov)
Edition. Michigan Compiled Laws Complete Through PA 91 of 2026 (the publisher's own currency line, printed in the page header of every one of these PDFs; PDFs rendered 2026-09-05/06)
Status. US state statute; public domain.
What this document is
Michigan Insurance Code of 1956, Chapter 5 - Privacy of Financial Information (MCL 500.501 to 500.547, 25 sections) is a state statute published by Michigan Legislature (www.legislature.mi.gov). It is one of the Michigan documents that insurance license exam questions are written from, including michigan property & casualty, michigan personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- MCL 500.533 (Disclosure of policy or account number)
“(1) A licensee shall not, directly or through an affiliate, disclose, other than to a consumer reporting agency, a policy or account number or other access number or access code for a consumer's policy, credit card account, deposit account, or transaction account to any nonaffiliated third party...”
- MCL 500.533(1) to (3) (Disclosure of policy or account number)
“(1) A licensee shall not, directly or through an affiliate, disclose, other than to a consumer reporting agency, a policy or account number or other access number or access code for a consumer's policy, credit card account, deposit account, or transaction account to any nonaffiliated third party...”
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