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§ 495.3. Authorization and execution of domestication agreement

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 2. Insurance Companies (Refs & Annos)
Article III-a. Domestication of Alien Insurers
40 P.S. § 495.3
§ 495.3. Authorization and execution of domestication agreement
The domestication agreement shall be authorized, adopted, approved, signed, and acknowledged by the alien insurer in accordance with the laws of country under which it is organized. In the case of the domestic insurer, the domestication agreement shall be adopted by resolution of its board of directors and executed by its president or any vice president and attested by its secretary or assistant secretary under its corporate seal.

Credits

1974, Dec. 10, P.L. 804, No. 266, § 3.
40 P.S. § 495.3, PA ST 40 P.S. § 495.3
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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