Sec. 6502.
Subject to the requirements of chapters 50 and 52, any number of persons, not less than 7, who are residents of this state, may form a limited liability pool for the purpose of carrying on upon the assessment or cooperative plan, liability insurance as provided in section 6506.
History: Add. 1986, Act 173, Imd. Eff. July 7, 1986 Popular Name: Act 218
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