Mich. Comp. Laws § 500.7018

Current through Public Act 149 of the 2024 Legislative Session
Section 500.7018 - Temporary certificate; organization of proposed MEWA; opening books to commissioner; condition to issuance of final certificate
(1) The MEWA, upon receipt of its initial certificate of authority, which shall be a temporary certificate, shall proceed to the completion of organization of the proposed MEWA.
(2) A MEWA shall open its books to the commissioner, and a final certificate of authority shall not be issued by the commissioner to any MEWA until it has collected in cash reserves as provided in section 7040.

MCL 500.7018

Add. 1986, Act 121, Eff. 7/1/1986 .