Michigan § 500.412 - Procedure for becoming domestic insurer.
Full text of Michigan Michigan Compiled Laws § 500.412 — Procedure for becoming domestic insurer., with citation guidance and answers to common questions.
§ 500.412. Procedure for becoming domestic insurer.
An insurer organized under the laws of any other state and admitted to do business in this state for the purpose of writing insurance may become a domestic insurer by complying with all of the requirements of law relative to the organization and licensing of a domestic insurer of the same type and by designating its principal place of business at a place in this state.
An insurer who complies with subsection (1) shall be entitled to domestic insurer certificates and licenses to transact business in this state and shall be subject to the authority and jurisdiction of this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.412
What does Michigan Compiled Laws § 500.412 cover?
Section 500.412 ("Procedure for becoming domestic insurer.") 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 § 500.412?
A common citation format is "Michigan Compiled Laws § 500.412" (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 § 500.412 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.