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.
Formation of limited liability pool; purpose.
Mich. Comp. Laws § 500.6502, under THE INSURANCE CODE OF 1956.
Mich. Comp. Laws § 500.6502