{"data":{"id":"us-mi/mich.-comp.-laws-500.6854","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.6854","heading":"Insurance in excess of fair value prohibited.","body":"Sec. 6854.\n\nNo company organized or operating under this chapter shall issue a policy for an amount in excess of a fair value of the property insured.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-6854","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c3b8f9d0a04f31684971bbfa15886148d62f14f98fbfa792aa3f7e08b9d58622","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.6850","next":"us-mi/mich.-comp.-laws-500.6856"},"notice":"GroundRules: Original legal text. Not legal advice."}