Mich. Comp. Laws § 500.6532

Current through Public Act 171 of the 2024 Legislative Session
Section 500.6532 - Reserves for unearned premiums

Every pool transacting insurance under this chapter shall maintain reserves for unearned premiums in accordance with the standards prescribed from time to time by the commissioner, which standards shall conform to those required of other insurers authorized to insure similar risks under the provisions of this code.

MCL 500.6532

Add. 1986, Act 173, Imd. Eff. 7/7/1986 .