Sec. 5102. No person other than an acquiring insurer shall acquire all or substantially all of the assets of the state accident fund. A proposed transfer shall constitute a proposed change of control of a domestic insurer within the meaning of this act and shall be subject to all the requirements of this act governing a change of control of a domestic insurer.
State accident fund; acquisition of assets; effect of proposed transfer.
Mich. Comp. Laws § 500.5102, under THE INSURANCE CODE OF 1956.
Mich. Comp. Laws § 500.5102