Michigan § 500.6402 - Domestic cooperative plan insurers; organization.
Full text of Michigan Michigan Compiled Laws § 500.6402 — Domestic cooperative plan insurers; organization., with citation guidance and answers to common questions.
§ 500.6402. Domestic cooperative plan insurers; organization.
Subject to the requirements of chapter 50 (organization of domestic insurers) and 52 (corporate powers, procedures of domestic insurers), any number of persons, not less than 7, residents of this state, may incorporate for the purpose of carrying on upon the assessment or cooperative plan, the kind or kinds of insurance enumerated in any 1 or more subdivisions of section 6406.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.6402
What does Michigan Compiled Laws § 500.6402 cover?
Section 500.6402 ("Domestic cooperative plan insurers; organization.") 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 § 500.6402?
A common citation format is "Michigan Compiled Laws § 500.6402" (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 § 500.6402 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.