{"data":{"id":"us-mi/mich.-comp.-laws-500.1821","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.1821","heading":"Risk retention group chartered or doing business in state; prohibited conduct.","body":"Sec. 1821.\n\nA risk retention group chartered or doing business in this state shall not do any of the following:\n\nSolicit or sell insurance to a person who is not eligible for membership in the group.\n\nSolicit or sell insurance if the risk retention group is in a hazardous financial condition or is financially impaired.\n\nHave as a member or owner, whether directly or indirectly, an insurance company, unless all members of the risk retention group are insurance companies.\n\nIssue an insurance policy with terms which provide, or could be construed to provide, coverage prohibited generally by law or declared unlawful by a final and binding decision of an appellate court that has considered the matter.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-1821","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"599fbcf52beddfac20c9983c45a760de94aa642fbb6d24e44232f243079d2837","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.1819","next":"us-mi/mich.-comp.-laws-500.1823"},"notice":"GroundRules: Original legal text. Not legal advice."}