Michigan Compiled Laws § 500.1817 Risk Retention Group Not Chartered In State And Doing Business In State; Voluntary Dissolution Or Delinquency Proceeding.

500.1817 Risk retention group not chartered in state and doing business in state; voluntary dissolution or delinquency proceeding.

Sec. 1817.

A risk retention group not chartered in this state and doing business in this state shall comply with a lawful order issued in a voluntary dissolution proceeding or in a delinquency proceeding commenced by the commissioner if there has been a finding of financial impairment after an examination performed under section 1815(2).

History: Add. 1989, Act 214, Eff. Jan. 1, 1990
Popular Name: Act 218

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Last modified: October 10, 2016