{"data":{"id":"us-mi/mich.-comp.-laws-500.407","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.407","heading":"Authorization to transact kinds of insurance; exceptions.","body":"Sec. 407.\n\nAn insurer that otherwise qualifies to transact insurance under this act may be authorized to transact any 1 kind or combination of kinds of insurance as defined in chapter 6 except:\n\nA life insurer is not authorized to transact any other kind of insurance except disability insurance as defined in section 606 unless it was engaged in transacting that other kind of insurance in this state prior to January 1, 1909.\n\nA reciprocal insurer is not authorized to transact life or health insurance.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-407","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"6eebd50c63432e3190482bbc76250ad0517e4970ffad8357d18814e648ed4bbf","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.4064","next":"us-mi/mich.-comp.-laws-500.4070"},"notice":"GroundRules: Original legal text. Not legal advice."}