Michigan § 500.1829 - Purchase of insurance by purchasing group; written information to members; deductible or self-insured retention.
Full text of Michigan Michigan Compiled Laws § 500.1829 — Purchase of insurance by purchasing group; written information to members; deductible or self-insured retention. , with citation guidance and answers to common questions.
§ 500.1829. Purchase of insurance by purchasing group; written information to members; deductible or self-insured retention.
A purchasing group doing business in this state may purchase insurance for risks resident or located in this state only from a risk retention group chartered in a state, from an insurer authorized in this state, or from an eligible unauthorized insurer pursuant to chapter 19.
A purchasing group which obtains liability insurance from an insurer not authorized in this state or a risk retention group shall inform in writing each of the members of the group which have a risk resident or located in this state that the risk is not protected by an insurance insolvency guaranty fund in this state and that the risk retention group or the insurer may not be subject to all insurance laws and regulations of this state.
A purchasing group shall not purchase insurance providing for a deductible or self-insured retention, unless the deductible or self-insured retention is the sole responsibility of each individual member of the purchasing group.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.1829
What does Michigan Compiled Laws § 500.1829 cover?
Section 500.1829 ("Purchase of insurance by purchasing group; written information to members; deductible or self-insured retention. ") 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 § 500.1829?
A common citation format is "Michigan Compiled Laws § 500.1829" (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 § 500.1829 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.