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

Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.

MCL 500.4645
in effect
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500.4645. Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited. Sec. 4645. A captive insurance company shall not join or contribute financially to a plan, pool, association, or guaranty or insolvency fund in this state. A captive insurance company, its insured, its parent, or any affiliated company or any member organization of its association, shall not receive a benefit from a plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company. Add. 2008, Act 29, Imd. Eff. Mar. 13, 2008 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-4645Fetched: 10/20/2026

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