Michigan Compiled Laws § 500.2939 Reinsurance Permitted.

500.2939 Reinsurance permitted.

Sec. 2939.

Nothing in this chapter shall preclude the pool from acting as a reinsuring facility or from seeking reinsurance of all or a part of its risks with any reinsurer approved by the commissioner or with any agency of state or federal government having the power to issue such reinsurance.

History: Add. 1968, Act 262, Eff. Aug. 1, 1968
Popular Name: Act 218
Popular Name: Essential Insurance

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Last modified: October 10, 2016