Annual Audited Financial Reports
Michigan Insurance Code of 1956, Chapter 10, MCL 500.1001 to 500.1033, 18 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 10 - Annual Audited Financial Reports (MCL 500.1001 to 500.1033, 18 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 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 500.1029(1)(a) (Director or officer of insurer; prohibited conduct)
“(a) Make or cause to be made a materially false or misleading statement to an accountant in connection with any audit, review, or communication required under this chapter.”
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