Mich. Admin. Code R. 500.1126

Current through Vol. 24-19, November 1, 2024
Section R. 500.1126 - Other security

Rule 6.

A ceding insurer may take credit for unencumbered fun ds withheld by the ceding insurer in the United States subject to withdrawal solely by th e ceding insurer and under its exclusive control.

Mich. Admin. Code R. 500.1126

1996 AC; 2019 MR 1, Eff. 1/2/2019