Dealing in commodities prohibited; exception.

Mich. Comp. Laws § 500.5210, under THE INSURANCE CODE OF 1956.

Mich. Comp. Laws § 500.5210

Sec. 5210. No domestic property or marine or inland navigation and transportation, or automobile (limited) insurer shall, directly or indirectly, deal or trade in buying or selling any goods, wares, merchandise or other commodities whatever, excepting such articles as may have been insured by such insurer, and are claimed to be damaged by fire or water.