Michigan § 500.4645 - Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.
Full text of Michigan Michigan Compiled Laws § 500.4645 — Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited., with citation guidance and answers to common questions.
§ 500.4645. Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.
A captive insurance company shall not join or contribute financially to a plan, pool, association, or guaranty or insolvency fund in this state. A captive insurance company, its insured, its parent, or any affiliated company or any member organization of its association, shall not receive a benefit from a plan, pool, association, or guaranty or insolvency fund for claims arising out of the operations of the captive insurance company.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.4645
What does Michigan Compiled Laws § 500.4645 cover?
Section 500.4645 ("Plan, pool, association, or guaranty or insolvency fund; joining, contributing to, or receiving benefit from prohibited.") 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 § 500.4645?
A common citation format is "Michigan Compiled Laws § 500.4645" (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 § 500.4645 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.