{"data":{"id":"us-mi/mich.-comp.-laws-500.8108a","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.8108a","heading":"Prohibited conduct by insurer.","body":"Sec. 8108a.\n\nUntil all payments of or on account of the insurer's contractual obligations by all guaranty associations and all expenses and interest on the payments and expenses are repaid to the guaranty associations or a plan of repayment by the insurer is approved by the guaranty associations, an insurer that is subject to any delinquency proceedings, whether formal or informal, administrative or judicial, shall not:\n\nBe released from the proceeding, unless the proceeding is converted into a judicial rehabilitation or liquidation proceeding.\n\nBe permitted to solicit or accept new business or request or accept the restoration of a suspended or revoked license or certificate of authority.\n\nBe returned to the control of its shareholders or private management.\n\nHave its assets returned to the control of its shareholders or private management.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-8108a","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"ebdf97a1b5a38c1f62c6611db1628425b9b1af456de1b52e25332f2be46ed30d","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.8107","next":"us-mi/mich.-comp.-laws-500.8109"},"notice":"GroundRules: Original legal text. Not legal advice."}