Section 124.6 - Status of group insurance pool, programs, and coverages.
INTERGOVERNMENTAL CONTRACTS BETWEEN MUNICIPAL CORPORATIONS (EXCERPT)
Act 35 of 1951
124.6 Status of group insurance pool, programs, and coverages.
Sec. 6.
Any group self-insurance pool organized pursuant to section 5 is not an insurance company or insurer under the laws of this state. The development, administration, and provision of group self-insurance programs and coverages authorized by this act by the governing authority created to administer the pool pursuant to section 7(c) does not constitute doing an insurance business.
History: Add. 1982, Act 138, Imd. Eff. Apr. 27, 1982