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Risk retention group chartered in state; plan of operation or feasibility study.

MCL 500.1807
in effect
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500.1807. Risk retention group chartered in state; plan of operation or feasibility study. Sec. 1807. Before it may offer insurance in this state, a risk retention group chartered in this state shall submit to the commissioner for approval a plan of operation or feasibility study and, within 10 days of a change, shall submit an appropriate revision if a subsequent material change in an item of the plan of operation or feasibility study occurs. The risk retention group shall not offer any additional kinds of liability insurance until a revision of the plan of operation or feasibility study is approved by the commissioner. Add. 1989, Act 214, Eff. Jan. 1, 1990 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-1807Fetched: 10/20/2026

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