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MI SB0256

MI SB0256
Insurance: producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).


summary

Introduced
04/10/2019
In Committee
04/10/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

100th Legislature

Bill Summary

Insurance; producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).

AI Summary

This bill provides for a continuing education credit carryover system for insurance producers who belong to a professional insurance association. Specifically, the bill allows insurance producers to carry over up to 12 hours of continuing education credits beyond the required 24 hours every 2 years. Additionally, the bill grants 4 hours of continuing education credit to insurance producers who are active members of an approved professional insurance association, provided they meet certain attendance requirements. The bill also outlines the criteria the Department of Insurance and Financial Services must use to approve professional insurance associations for the purposes of this credit system.

Committee Categories

Business and Industry

Sponsors (4)

Last Action

Referred To Committee On Insurance And Banking (on 04/10/2019)

bill text


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