§ 338.900 Transfer of powers and duties of the fire alarm industry advisory committee and the electric sign industry advisory committee to the electrical administrative board by type III transfer

Terms Used In Michigan Laws > Chapter 338 > E.R.O. No. 1992-6 - Executive Reorganization Order

  • Chartered: means a risk retention group licensed and authorized to engage in business as a liability insurance company in a state. See Michigan Laws 500.1801
  • Commissioner: means the director. See Michigan Laws 500.102
  • feasibility study: means an analysis which presents the expected activities and results of a risk retention group including all of the following:
  (i) Information sufficient to verify that a risk retention group's members are engaged in businesses or activities similar or related with respect to the liability to which the members are exposed by virtue of a related, similar, or common business, trade, product, service, premises, or operation. See Michigan Laws 500.1801
  • Liability: means legal liability for damages including costs of defense, legal costs and fees, and other claims expenses because of personal injuries, property damage, or other damage or loss, to another person resulting from or arising out of a profit or nonprofit business, trade, product, service, including professional service, a premises or operation, or an activity of a state or local government or an agency or political subdivision of a state or local government. See Michigan Laws 500.1801
  • Risk retention group: means a corporation or other limited liability association which meets all of the following criteria:
    •   (i) Is either of the following:
      (A) Chartered in a state. See Michigan Laws 500.1801
  • State: means any state of the United States or the District of Columbia. See Michigan Laws 500.1801