HB6101 — Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).

HB6101 — Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731). · Informed CitizenryHB6101 amends the insurance code of 1956 regarding special purpose financial captive (SPFC) plans of operation. The bill clarifies that certain securities issued to continue securitization activiti…Open in Informed Citizenry