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Mich. Comp. Laws § 500.1823

Violation; fines and penalties; compliance.

Michigan · Michigan Compiled Laws — THE INSURANCE CODE OF 1956 (Act 218 of 1956) · Status: effective

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Mich. Comp. Laws § 500.1823, Violation; fines and penalties; compliance, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1367576
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A risk retention group that violates a provision of this chapter shall be subject to fines and penalties applicable to licensed insurers, including revocation of the right to do business in this state. A risk retention group operating in this state prior to January 1, 1990 shall comply with section 1811 by February 1, 1990.