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MICHIGAN STATUTES AND CODES
218-1956-46 - CHAPTER 46 CAPTIVE INSURANCE COMPANIES (500.4601...500.4673)
- Section 500.4601 - Definitions.
- Section 500.4603 - Limited certificate of authority; application; conditions; organizational documents; submission; contents; liability of director; submission of documents to attorney general for exa
- Section 500.4607 - Adoption of name by captive insurance company.
- Section 500.4609 - Confidentiality requirements.
- Section 500.4611 - Issuance of limited certificate of authority; possession and maintenance of unimpaired paid-in capital and retained earnings; form of minimum capitalization; incorporation as nonpro
- Section 500.4619 - Pure captive insurance company or sponsored captive insurance company; association captive insurance company or industrial insured captive insurance company; incorporation as stock
- Section 500.4621 - Reports and inquiries.
- Section 500.4623 - Sponsored captive insurance company; discount of reserves.
- Section 500.4625 - Conflict between act and chapter; exemption; applicability of certain sections; expenses and charges of examination; annual renewal fee; other fees; employment of legal counsel; con
- Section 500.4637 - Limited certificate of authority; suspension or revocation; findings; best interest of public and policyholders.
- Section 500.4639 - Association captive insurance company and industrial insured captive insurance company; compliance with investment requirements; pure captive insurance company and special purpose c
- Section 500.4641 - Reinsurance on risks ceded by other insurer.
- Section 500.4643 - Rating organization; joining not required.
- Section 500.4645 - Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.
- Section 500.4651 - Rules.
- Section 500.4655 - Applicability of terms and conditions in chapter 81 pertaining to administrative supervision, conservation, rehabilitation, receivership, and liquidation of insurers; payment of ex
- Section 500.4659 - Exercise of control of risk management function by parent or affiliated company; standards.
- Section 500.4663 - Sponsored captive insurance company; formation; establishment and maintenance of protected cell to insure risks; conditions.
- Section 500.4665 - Sponsor of sponsored captive insurance company; authorized insurer; risk retention group as sponsor or participant prohibited; business written by sponsored captive insurance compan
- Section 500.4667 - Sponsored captive insurance companies; business entities as participants.
- Section 500.4669 - Sponsored captive insurance companies; applicability of terms and conditions in chapter 48 pertaining to protected cell insurance company.
- Section 500.4673 - Captive insurance regulatory and supervision fund; creation; deposit of certain money, assets, fees, and assessments; money remaining in fund at close of fiscal year; commissioner a
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