Michigan § 500.1825 - Purchasing group; information required before doing business in state.
Full text of Michigan Michigan Compiled Laws § 500.1825 — Purchasing group; information required before doing business in state., with citation guidance and answers to common questions.
§ 500.1825. Purchasing group; information required before doing business in state.
Before doing business in this state, a purchasing group shall provide the commissioner with all of the following:
The identity of the name of the purchasing group through which it is purchasing liability insurance.
The identity of the state in which the purchasing group is domiciled.
The identity of all other states in which the purchasing group intends to do business or is doing business.
The identity of the specific types and classifications of liability insurance which the purchasing group intends to purchase.
The identity of any insurance company from which the group intends to purchase its insurance and the domicile of those companies.
The method by which, and if applicable, the person through whom, insurance will be offered to the purchasing group's members whose risks are resident or located in this state.
The identity of the officer or person responsible for the purchasing group.
Other information as may be required by the commissioner to verify that the purchasing group is qualified under this chapter.
A purchasing group shall notify the commissioner of any changes in any of the items set forth in subsection (1) within 10 days of the change.
A purchasing group shall notify the commissioner annually of its intention to continue doing business in this state.
Frequently Asked Questions About Michigan § 500.1825
What does Michigan Compiled Laws § 500.1825 cover?
Section 500.1825 ("Purchasing group; information required before doing business in state.") 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 § 500.1825?
A common citation format is "Michigan Compiled Laws § 500.1825" (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 § 500.1825 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.