Section 500.2939 - Reinsurance permitted.
THE INSURANCE CODE OF 1956 (EXCERPT)
Act 218 of 1956
500.2939 Reinsurance permitted.
Act 218 of 1956
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