Mich. Comp. Laws § 500.4125
Current through Public Act 171 of the 2024 Legislative Session
If the law or regulation in the place of domicile of a foreign insurer provides a degree of protection to the policyholders and the public that is substantially similar to that provided by these regulations, the commissioner to the extent considered appropriate by him or her may consider compliance with that law or regulation as compliance with this chapter.
MCL 500.4125