Michigan § 500.451 - Taxes on unauthorized insurers; regulatory fee; payment; delinquency.
Full text of Michigan Michigan Compiled Laws § 500.451 — Taxes on unauthorized insurers; regulatory fee; payment; delinquency., with citation guidance and answers to common questions.
§ 500.451. Taxes on unauthorized insurers; regulatory fee; payment; delinquency.
Any unauthorized insurer transacting insurance in this state shall be subject to a tax of 2% of premiums written in this state and to an additional regulatory fee of 0.5% on premiums written in this state. The tax required by this section shall be considered delinquent if not paid within 30 days after a copy of the computation of the tax by the commissioner is delivered to the insurer in the manner prescribed by law for the service of process.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.451
What does Michigan Compiled Laws § 500.451 cover?
Section 500.451 ("Taxes on unauthorized insurers; regulatory fee; payment; delinquency.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.451?
A common citation format is "Michigan Compiled Laws § 500.451" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.451 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.