Michigan § 500.6532 - Reserves for unearned premiums.
Full text of Michigan Michigan Compiled Laws § 500.6532 — Reserves for unearned premiums. , with citation guidance and answers to common questions.
§ 500.6532. Reserves for unearned premiums.
Every pool transacting insurance under this chapter shall maintain reserves for unearned premiums in accordance with the standards prescribed from time to time by the commissioner, which standards shall conform to those required of other insurers authorized to insure similar risks under the provisions of this code.
Frequently Asked Questions About Michigan § 500.6532
What does Michigan Compiled Laws § 500.6532 cover?
Section 500.6532 ("Reserves for unearned premiums. ") 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 § 500.6532?
A common citation format is "Michigan Compiled Laws § 500.6532" (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 § 500.6532 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.