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§ 60. Renewal of licenses; fees

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 1. Insurance Department (Refs & Annos)
Article II. Insurance Department (Refs & Annos)
40 P.S. § 60
§ 60. Renewal of licenses; fees
The Insurance Commissioner may issue licenses for a period of two years at two times the annual fees established by this act. One-half of any fee collected shall be refunded or be credited to the account of the payor entitled to the refund if such license is cancelled within twelve months of its inception date or within twelve months of effective date as certified to the Insurance Commissioner by insurance companies, associations and exchanges authorized by law to transact business within this Commonwealth.


1921, May 17, P.L. 789, art. II, § 222, added 1974, June 17, P.L. 341, No. 110, § 4, imd. effective.
40 P.S. § 60, PA ST 40 P.S. § 60
Current through 2019 Regular Session Act 1
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