MCL - 218-1956-65

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Chapter 500
Act 218 of 1956
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THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
Chapter 65
LIMITED LIABILITY POOLS
Document Type Description
Section 500.6500 Section Applicability of chapter.
Section 500.6502 Section Formation of limited liability pool; purpose.
Section 500.6506 Section Powers of limited liability pool; limitation.
Section 500.6510 Section Commencement of business; pool not subject to MCL 500.410.
Section 500.6512 Section Limited liability pool; formation; purpose.
Section 500.6514 Section Limited liability pool; rates.
Section 500.6516 Section Limited liability pool; underwriting rules.
Section 500.6517 Section Limited liability pool; reinsurance.
Section 500.6518 Section Management of property, business, and affairs of pool by directors; selection and term of directors; first annual meeting; interim authority.
Section 500.6522 Section Insured person as member of pool; voting rights; quorum; inspection of books.
Section 500.6532 Section Reserves for unearned premiums.
Section 500.6534 Section Contingency reserve; deposit with state treasurer; use of deposit.
Section 500.6540 Section Assessment of member.
Section 500.6550 Section Loans.