{"data":{"id":"us-mi/mich.-comp.-laws-500.1208","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1208","heading":"Insurance effected by agent on certain risks; limitation.","body":"Sec. 1208.\n\nAn agent, during any 12-month period, may not effect insurance upon his own property, life or other risk and the property, life or other risk of his employees, employer or business associates, in excess of 15% of the total premium which he effected during that period.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1208","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"76b69ae02f9394cfcdbaae60605cd375406b3bb05faf857b56132126f5f2a231","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1207","next":"us-mi/mich.-comp.-laws-500.1208a"},"notice":"GroundRules: Original legal text. Not legal advice."}