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§ 991.1617. Compliance with law by two or more surplus lines licensees

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 XVI. Surplus Lines (Refs & Annos)
40 P.S. § 991.1617
§ 991.1617. Compliance with law by two or more surplus lines licensees
Currentness
(a) When two or more surplus lines licensees are involved in a transaction subject to this article, the surplus lines licensee dealing directly with or closest to the insured is responsible for compliance with sections 1604, 1608, 1609, 1612, 1619 and 1621.1
(b) This provision shall not serve to relieve any surplus lines licensee involved in any transaction subject to this article from compliance with any other section of this article.

Credits

1921, May 17, P.L. 682, No. 284, art. XVI, § 1617, added 1992, Dec. 18, P.L. 1519, No. 178, § 19, effective in 120 days.

Footnotes

1
40 P.S. §§ 991.1604, 991.1608, 991.1609, 991.1612, 991.1619, 991.1621.
40 P.S. § 991.1617, PA ST 40 P.S. § 991.1617
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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