Mich. Comp. Laws § 550.1863

Current through Public Act 171 of the 2024 Legislative Session

Section 550.1863 - Definitions

As used in this act:

(a) "Eligible entity" means a faith-based, nonprofit entity that maintains tax-exempt status under section 501(c) of the internal revenue code, 26 USC 501.

(b) "Health care sharing ministry" or "ministry" means a program established by an eligible entity for the sharing of finances and health care in compliance with this act.

MCL 550.1863

Added by 2012, Act 530,s 2, eff. 1/1/2013.