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