Michigan § 500.7921 - “Insolvent insurer” and “member insurer” defined.
Full text of Michigan Michigan Compiled Laws § 500.7921 — “Insolvent insurer” and “member insurer” defined., with citation guidance and answers to common questions.
§ 500.7921. “Insolvent insurer” and “member insurer” defined.
As used in this chapter:
(a) "Insolvent insurer" means an insurer which has been a member insurer and against whom a final order of liquidation has been entered with a finding of insolvency by a court of competent jurisdiction in the insurer's state of domicile. The date on which the order becomes final shall be the date on which all appeals of the finding of insolvency are exhausted. If the finding of insolvency in the order of liquidation is not appealed, the order of liquidation shall be considered final on the date the order was issued.
(b) "Member insurer" means an insurer required to be a member of the association pursuant to section 7911.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 500.7921
What does Michigan Compiled Laws § 500.7921 cover?
Section 500.7921 ("“Insolvent insurer” and “member insurer” defined.") 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 § 500.7921?
A common citation format is "Michigan Compiled Laws § 500.7921" (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 § 500.7921 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.