§ 991.1614. Effect of payment to surplus lines licensee
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: September 20, 2010
Effective: September 20, 2010
40 P.S. § 991.1614
§ 991.1614. Effect of payment to surplus lines licensee
A payment of premium to the writing producer or to a surplus lines licensee acting for a person other than himself in negotiating, continuing or reviewing any contract of insurance under this article shall be deemed to be payment to the insurer, whatever conditions or stipulations may be inserted in the contract notwithstanding.
Credits
1921, May 17, P.L. 682, No. 284, art. XVI, § 1614, added 1992, Dec. 18, P.L. 1519, No. 178, § 19, effective in 120 days. Amended 2010, March 22, P.L. 147, No. 14, § 8, effective in 180 days [Sept. 20, 2010].
40 P.S. § 991.1614, PA ST 40 P.S. § 991.1614
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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