Section 500.1803 - Risk retention group chartered in state; certificate of authority; license; compliance(1) To be chartered in this state, a risk retention group shall obtain a certificate of authority from the commissioner and be licensed as a domestic stock or mutual casualty insurer.(2) Except as otherwise provided in this chapter, a risk retention group chartered in this state shall comply with all statutes, rules, regulations, and requirements applicable to domestic stock or mutual casualty insurers.(3) A certificate of authority issued to a risk retention group chartered in this state shall be limited to the business of insurance for liability.Add. 1989, Act 214, Eff. 1/1/1990 .