{"data":{"id":"us-mi/mich.-comp.-laws-500.922","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 500.922","heading":"Qualified assets in stocks, bonds, or evidences of corporate indebtedness; authorization.","body":"Sec. 922.\n\nQualified assets for purposes of section 901 include stocks, bonds, and other evidence of indebtedness of solvent corporations as approved by its board of directors or a committee of the board entrusted with the investment of the company's funds. The insurer may hold the stocks, bonds, and other evidences of indebtedness as an investment.","path":["MI Code","Chapter 500","Act Act-218-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-922","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"eb0311bb8ef2e1a8bd1b5bf8fc5a27eaf76355b034d91308b50611d7b6a2494e","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-500.920","next":"us-mi/mich.-comp.-laws-500.924"},"notice":"GroundRules: Original legal text. Not legal advice."}