{"data":{"id":"us-mi/mich.-comp.-laws-500.1453","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1453","heading":"Exceptions to provisions of chapter.","body":"Sec. 1453.\n\nThe provisions of this chapter do not apply to the following:\n\nRisk retention groups as defined in section 1801.\n\nCaptive insurers owned by another organization whose exclusive purpose is to insure risks of the parent organization and affiliated companies or, in the case of groups and associations, owned by the insureds whose exclusive purpose is to insure risks of member organizations or group members and their affiliates.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1453","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2f51472fa34b9d5793fc50ef074e62fb227b53e1cc05514f74be6bd54c7d8f90","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1451","next":"us-mi/mich.-comp.-laws-500.1455"},"notice":"GroundRules: Original legal text. Not legal advice."}
