{"data":{"id":"us-mi/mich.-comp.-laws-500.5270","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.5270","heading":"Insurer's rights as stockholder in other corporations.","body":"Sec. 5270.\n\nWhen an insurer shall be a stockholder in any other corporation, as provided for in sections 922 (investment in stocks and bonds), 926 (investment in insurance stocks), and 938 (collateral loans), its president and other officers or any of its directors shall be eligible to the office of director of such insurer the same as if they were individually stockholders therein and an insurer holding such stock shall possess and exercise in respect thereof, all the rights, powers, privileges and liabilities of individual owners or holders of such stock.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-5270","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"abb67f582f39044e4acc4f824b337787d10cb7d53416be5980e6c07b13c32c9c","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.527","next":"us-mi/mich.-comp.-laws-500.5272"},"notice":"GroundRules: Original legal text. Not legal advice."}