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Form a Business

Formation of limited liability pool; purpose.

MCL 500.6502
in effect
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500.6502. Formation of limited liability pool; purpose. Sec. 6502. Subject to the requirements of chapters 50 and 52, any number of persons, not less than 7, who are residents of this state, may form a limited liability pool for the purpose of carrying on upon the assessment or cooperative plan, liability insurance as provided in section 6506. Add. 1986, Act 173, Imd. Eff. July 7, 1986 [PopularName] Act 218
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-500-6502Fetched: 10/20/2026

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