2006 Michigan Compiled Laws - Mich. Comp. Laws § 500.7018 Temporary certificate; organization of proposed MEWA; opening books to commissioner; condition to issuance of final certificate.
Act 218 of 1956 500.7018 Temporary certificate; organization of proposed MEWA; opening books to commissioner; condition to issuance of final certificate. Sec. 7018. (1) The MEWA, upon receipt of its initial certificate of authority, which shall be a temporary certificate, shall proceed to the completion of organization of the proposed MEWA. (2) A MEWA shall open its books to the commissioner, and a final certificate of authority shall not be issued by the commissioner to any MEWA until it has collected in cash reserves as provided in section 7040.
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