{"data":{"id":"us-mi/mich.-comp.-laws-500.6824","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.6824","heading":"Reinsurance; limitations.","body":"Sec. 6824.\n\nAny company organized or operating under this chapter whose business is limited by law or by its charter to 1 or more counties may provide in its charter or by amendment to its charter for assuming reinsurance from other companies on property located anywhere within the state: Provided, however, That no reinsurance shall be accepted of a different kind or on a different class of property than the company is by its charter permitted to write direct. The company ceding such reinsurance shall not, by virtue of such reinsurance, become a member of the company assuming the reinsurance nor shall the ceding company assume any contingent liability for assessment unless otherwise provided by written agreement.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-6824","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"235a3a298aa2c6021ea0dae970e9b5891b091eaad1e4f63e5ec3a8780ee467ee","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.6823","next":"us-mi/mich.-comp.-laws-500.6826"},"notice":"GroundRules: Original legal text. Not legal advice."}