Bill
HB 6103
Insurance: other; sponsored captive insurance companies; modify. Amends sec. 4667 of 1956 PA 218 (MCL 500.4667).
2023-2024 Regular Session
Introduced by Felicia Brabec and 14 co-sponsors
Expands who can participate in sponsored captives and what risks can be insured, allowing sponsors to participate, no shareholder link required, and broader insured exposures.
REFERRED TO COMMITTEE ON GOVERNMENT OPERATIONS