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§ 1104. Holding, management or agency corporations

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 3. Fraternal Benefit Societies
Regulation and Control (Refs & Annos)
40 P.S. § 1104
§ 1104. Holding, management or agency corporations
The business and affairs of each beneficial society shall be conducted and managed by its elected officers. No contracts or agreements shall be entered into by any society with any holding, management or agency corporation by which the control of the management of the society would pass to such holding, management or agency corporation, nor any person or persons, holding, management or agency corporation by which the control of the management of the society would pass to such person or persons, holding, management or agency corporation, nor through which percentages or portions of the members dues and other payments would be paid over to them.

Credits

1937, June 4, P.L. 1643, § 4.
40 P.S. § 1104, PA ST 40 P.S. § 1104
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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