Michigan § 500.5804 - Domestic mutual insurers; incorporation.
Full text of Michigan Michigan Compiled Laws § 500.5804 — Domestic mutual insurers; incorporation. , with citation guidance and answers to common questions.
§ 500.5804. Domestic mutual insurers; incorporation.
Any number of persons, not less than 20, a majority of whom shall be bona fide residents of this state, by complying with the provisions of this chapter, may become together with others who may hereafter be associated with them or their successors, a body corporate, for the purpose of carrying on the business of mutual insurance as herein provided.
Any persons proposing to form any such insurer shall subscribe and acknowledge articles of incorporation in accordance with chapter 50.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.5804
What does Michigan Compiled Laws § 500.5804 cover?
Section 500.5804 ("Domestic mutual insurers; incorporation. ") 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 § 500.5804?
A common citation format is "Michigan Compiled Laws § 500.5804" (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 § 500.5804 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.