{"data":{"id":"us-mi/mich.-comp.-laws-500.815a","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.815a","heading":"Establishment of contingency reserve by mortgage guaranty insurer.","body":"Sec. 815a.\n\nIn addition to the capital, surplus and reserves specified in sections 410, 810 and 815, a mortgage guaranty insurer shall establish a contingency reserve, which shall be reported as a liability in the insurer's financial statements. The amount of the reserve shall be computed in accordance with rules prescribed by the commissioner.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-815a","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"a69a32bf40f45112d4c784f322489393a75f41ac62067df5c9b118ffc1bb1f34","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.8159","next":"us-mi/mich.-comp.-laws-500.8161"},"notice":"GroundRules: Original legal text. Not legal advice."}