{"data":{"id":"us-mi/mich.-comp.-laws-500.7226","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.7226","heading":"Reciprocal insurance exchanges; corporation empowered to exchange contracts.","body":"Sec. 7226.\n\nAny public or private corporation now or hereafter organized under the laws of this state shall, in addition to the rights, powers and franchises specified in its articles of incorporation, have full power and authority to exchange insurance contracts of the kind and character herein mentioned. The right to exchange such contracts is hereby declared to be incidental to the purposes for which such corporations are organized, and as much granted as the rights and powers expressly conferred.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-7226","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f5085ec28b38ca92109c19f5782491b3e0035d11260c7b5f5d8f5711a0e335bc","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.7218","next":"us-mi/mich.-comp.-laws-500.723"},"notice":"GroundRules: Original legal text. Not legal advice."}