Section 500.8102 - Applicability of proceedings authorized by chapterThe proceedings authorized by this chapter may be applied to:
(a) An insurer who is transacting, or has transacted, insurance business in this state, and against whom claims arising from that business may exist now or in the future.(b) An insurer who purports to transact an insurance business in this state.(c) An insurer who has insureds resident in this state.(d) All other persons organized or in the process of organizing with the intent to transact an insurance business in this state.Add. 1989, Act 302, Imd. Eff. 1/3/1990 .