Michigan § 500.1805 - Risk retention group chartered in state; summary form of required information.
Full text of Michigan Michigan Compiled Laws § 500.1805 — Risk retention group chartered in state; summary form of required information., with citation guidance and answers to common questions.
§ 500.1805. Risk retention group chartered in state; summary form of required information.
To be chartered in this state, a risk retention group shall provide to the commissioner in summary form, at the time of its application for a certificate of authority, all of the following:
The identity of the initial members of the risk retention group.
The identity of those individuals who organized the risk retention group or who will provide administrative services or otherwise influence or control the activities of the group.
The amount and nature of initial capitalization.
The coverages to be afforded.
The states in which the risk retention group intends to operate.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.1805
What does Michigan Compiled Laws § 500.1805 cover?
Section 500.1805 ("Risk retention group chartered in state; summary form of required information.") 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 § 500.1805?
A common citation format is "Michigan Compiled Laws § 500.1805" (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 § 500.1805 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.