How our department monitors insurance market practices
Insurance Company Contract and Rate Filings
DIFS Prohibition Orders for Consumer Finance and Credit Union.
Licensing - Consumer Finance and Mortgage
Consumer Finance and Mortgage Forms
BIDCO and Anti-Redlining Forms.
Statutes, Rules and Regulations
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An additional bond is required when the trust account is maintained at a financial institution located outside of the State of Michigan. The licensee must furnish a surety bond in an amount that equals or exceeds 100% of the average amount of deposits held in the trust account from month to month as required by Section 15(6).
