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§ 459.2. Interlocking directorates

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. General Provisions Relating to Insurance Companies, Associations, and Exchanges (Refs & Annos)
40 P.S. § 459.2
§ 459.2. Interlocking directorates
Currentness
Any person otherwise qualified may be a director of two or more insurance companies when such interlocking directorate is not used as a means of substantially lessening competition or tending to create a monopoly.

Credits

1921, May 17, P.L. 682, art. III, § 337.2, added 1947, June 5, P.L. 443, § 1.
40 P.S. § 459.2, PA ST 40 P.S. § 459.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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