Mich. Comp. Laws § 500.4645: Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.
Where this section sits in the code
- MI Code
- Chapter 500
- Act Act-218-of-1956
Sec. 4645.
A captive insurance company shall not join or contribute financially to a plan, pool, association, or guaranty or insolvency fund in this state. A captive insurance company, its insured, its parent, or any affiliated company or any member organization of its association, shall not receive a benefit from a plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.
Collected 2026-09-14T18:32:31Z. Source file · JSON