Section R. 432.1329 - Required insuranceRule 329.
(1) A supplier licensee shall obtain and maintain insurance necessary to assure that the licensee is adequately insured to protect itself against the potential liabilities associated with holding a supplier license or conducting business as a supplier.(2) If the licensee fails to maintain sufficient insurance while holding a supplier license, then the board may initiate disciplinary action against the licensee.Mich. Admin. Code R. 432.1329