124.6 Status of group insurance pool, programs, and coverages.
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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