Michigan § 500.2212 - Insurable interest in life of individual.
Full text of Michigan Michigan Compiled Laws § 500.2212 — Insurable interest in life of individual., with citation guidance and answers to common questions.
§ 500.2212. Insurable interest in life of individual.
Notwithstanding any other section of this act, an organization described in and qualified under section 501(c)(3) of the internal revenue code of 1986, 26 U.S.C. 501, has an insurable interest in the life of an individual who gives written consent to the ownership or purchase of a policy on his or her life.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.2212
What does Michigan Compiled Laws § 500.2212 cover?
Section 500.2212 ("Insurable interest in life of individual.") 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 § 500.2212?
A common citation format is "Michigan Compiled Laws § 500.2212" (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 § 500.2212 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.