{"data":{"id":"us-mi/mich.-comp.-laws-500.1344","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1344","heading":"Officers and directors; obligation or liability; common management or cooperative or joint use of personnel, property, or services.","body":"Sec. 1344.\n\nNotwithstanding the control of a domestic insurer by any person, the insurer's officers and directors shall not be relieved of any obligation or liability to which they would otherwise be subject by law and the insurer shall be managed so as to assure its separate operating identity consistent with this act.\n\nNothing in this section shall preclude a domestic insurer from having or sharing a common management or cooperative or joint use of personnel, property, or services with 1 or more other persons under arrangements meeting the standards of this act.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1344","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"0eb6de0fd7b8154ea338c75a5a5225eb324e95af8e19e6ff12c80a1a8ac4fd32","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1343","next":"us-mi/mich.-comp.-laws-500.1351"},"notice":"GroundRules: Original legal text. Not legal advice."}