For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Reinsurance; determination of increases to, or credit against, reserves.

MCL 500.725
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
500.725. Reinsurance; determination of increases to, or credit against, reserves. Sec. 725. Increases to, or credits against, reserves carried arising because of reinsurance assumed or reinsurance ceded, shall be determined in a manner consistent with minimum reserve standards described in this chapter and with all applicable provisions of the reinsurance contracts that affect the insurer's liabilities. Add. 1994, Act 148, Imd. Eff. June 7, 1994 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-725Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements