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Section 500.4601 - Definitions. - Sec. 4601. As used in this chapter: (a) "Affiliated company"...
Section 500.4603 - Limited Certificate of Authority; Application; Conditions; Organizational Documents; Submission; Contents; Liability of Director; Submission of Documents to Attorney General for Examination; Duty of Commissioner to Require, Conside... - Sec. 4603. (1) A captive insurance company, if permitted by...
Section 500.4607 - Adoption of Name by Captive Insurance Company. - Sec. 4607. A captive insurance company shall not adopt a...
Section 500.4609 - Confidentiality Requirements. - Sec. 4609. (1) Information and testimony submitted or furnished to...
Section 500.4611 - Issuance of Limited Certificate of Authority; Possession and Maintenance of Unimpaired Paid-in Capital and Retained Earnings; Form of Minimum Capitalization; Incorporation as Nonprofit; Unencumbered Equity; Assets; Evidence to Be S... - Sec. 4611. (1) The commissioner shall not issue a limited...
Section 500.4619 - Pure Captive Insurance Company or Sponsored Captive Insurance Company; Association Captive Insurance Company or Industrial Insured Captive Insurance Company; Incorporation as Stock Insurer or Limited Liability Company; Issuance of... - Sec. 4619. (1) A pure captive insurance company or a...
Section 500.4621 - Reports and Inquiries. - Sec. 4621. (1) A captive insurance company is not required...
Section 500.4623 - Sponsored Captive Insurance Company; Discount of Reserves. - Sec. 4623. (1) A sponsored captive insurance company may discount...
Section 500.4625 - Conflict Between Act and Chapter; Exemption; Applicability of Certain Sections; Expenses and Charges of Examination; Annual Renewal Fee; Other Fees; Employment of Legal Counsel; Confidentiality. - Sec. 4625. (1) No provisions of this act, other than...
Section 500.4637 - Limited Certificate of Authority; Suspension or Revocation; Findings; Best Interest of Public and Policyholders. - Sec. 4637. (1) The limited certificate of authority of a...
Section 500.4639 - Association Captive Insurance Company and Industrial Insured Captive Insurance Company; Compliance With Investment Requirements; Pure Captive Insurance Company and Special Purpose Captive Insurance Company Not Subject to Restrictio... - Sec. 4639. (1) An association captive insurance company and an...
Section 500.4641 - Reinsurance on Risks Ceded by Other Insurer. - Sec. 4641. (1) A captive insurance company may provide reinsurance,...
Section 500.4643 - Rating Organization; Joining Not Required. - Sec. 4643. A captive insurance company shall not be required...
Section 500.4645 - Plan, Pool, Association, or Guaranty or Insolvency Fund; Joining, Contributing To, or Receiving Benefit From Prohibited. - Sec. 4645. A captive insurance company shall not join or...
Section 500.4651 - Rules. - Sec. 4651. The commissioner may promulgate pursuant to the administrative...
Section 500.4655 - Applicability of Terms and Conditions in Chapter 81 Pertaining to Administrative Supervision, Conservation, Rehabilitation, Receivership, and Liquidation of Insurers; Payment of Expenses or Claims From Assets of Protected Cell or... - Sec. 4655. (1) Except as otherwise provided in this section,...
Section 500.4659 - Exercise of Control of Risk Management Function by Parent or Affiliated Company; Standards. - Sec. 4659. The commissioner by rule, regulation, or order may...
Section 500.4663 - Sponsored Captive Insurance Company; Formation; Establishment and Maintenance of Protected Cell to Insure Risks; Conditions. - Sec. 4663. (1) One or more sponsors may form a...
Section 500.4665 - Sponsor of Sponsored Captive Insurance Company; Authorized Insurer; Risk Retention Group as Sponsor or Participant Prohibited; Business Written by Sponsored Captive Insurance Company With Respect to Protected Cell; Requirements. - Sec. 4665. A sponsor of a sponsored captive insurance company...
Section 500.4667 - Sponsored Captive Insurance Companies; Business Entities as Participants. - Sec. 4667. (1) An association, a corporation, a limited liability...
Section 500.4669 - Sponsored Captive Insurance Companies; Applicability of Terms and Conditions in Chapter 48 Pertaining to Protected Cell Insurance Company. - Sec. 4669. (1) Except as otherwise provided in this chapter,...
Section 500.4673 - Captive Insurance Regulatory and Supervision Fund; Creation; Deposit of Certain Money, Assets, Fees, and Assessments; Money Remaining in Fund at Close of Fiscal Year; Commissioner as Administrator for Auditing Purposes. - Sec. 4673. (1) The captive insurance regulatory and supervision fund...