Michigan § 500.1803 - Risk retention group chartered in state; certificate of authority; license; compliance.
Full text of Michigan Michigan Compiled Laws § 500.1803 — Risk retention group chartered in state; certificate of authority; license; compliance., with citation guidance and answers to common questions.
§ 500.1803. Risk retention group chartered in state; certificate of authority; license; compliance.
To be chartered in this state, a risk retention group shall obtain a certificate of authority from the commissioner and be licensed as a domestic stock or mutual casualty insurer.
Except as otherwise provided in this chapter, a risk retention group chartered in this state shall comply with all statutes, rules, regulations, and requirements applicable to domestic stock or mutual casualty insurers.
A certificate of authority issued to a risk retention group chartered in this state shall be limited to the business of insurance for liability.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.1803
What does Michigan Compiled Laws § 500.1803 cover?
Section 500.1803 ("Risk retention group chartered in state; certificate of authority; license; compliance.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 500.1803?
A common citation format is "Michigan Compiled Laws § 500.1803" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 500.1803 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.