Michigan Administrative Code (Last Updated: November 16, 2016) |
Department IF. Insurance and Financial Services |
Insurance |
Chapter Declaratory Rulings |
Section 500.1043. Disposition.
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Rule 3. (1) If the commissioner grants a request for a declaratory ruling, the commissioner shall issue the declaratory ruling within 90 days after receipt of the request, unless the commissioner advises the applicant, in writing, that the complexity of the issue, the need to secure comments from interested persons, or the need to seek the advice of the attorney general requires a longer period of time.
(2) A declaratory ruling shall state that it is limited to those facts which were presented and to the statute or rule identified by the applicant or other relevant statute or rule identified by the commissioner.
History: 1985 AACS.