Michigan § 500.6844 - Surplus fund; accumulation.
Full text of Michigan Michigan Compiled Laws § 500.6844 — Surplus fund; accumulation., with citation guidance and answers to common questions.
§ 500.6844. Surplus fund; accumulation.
Any company organized or operating under this chapter may provide in its charter or by amendment to its charter for the collection of assessments and/or premiums in excess of the amount required to cover current losses and expenses, for the purpose of accumulating a surplus fund.
Frequently Asked Questions About Michigan § 500.6844
What does Michigan Compiled Laws § 500.6844 cover?
Section 500.6844 ("Surplus fund; accumulation.") 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 § 500.6844?
A common citation format is "Michigan Compiled Laws § 500.6844" (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 § 500.6844 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.