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