§ 473. Misrepresentations, etc., for purpose of inducing policyholders to drop present policies...
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 473
§ 473. Misrepresentations, etc., for purpose of inducing policyholders to drop present policies and insure with other companies, etc.
No insurance company, association, or exchange, and no member, officer, director, or attorney-in-fact thereof, or any other person in its behalf, shall make any misrepresentation or incomplete comparison of policies, oral, written, or otherwise, to any person insured in any company, association, or exchange, for the purpose of inducing or tending to induce a policyholder in any company, association, or exchange to lapse, forfeit, or surrender his insurance therein, and to take out a policy of insurance in another company, association, or exchange insuring against similar risks.
Credits
1921, May 17, P.L. 682, art. III, § 348.
40 P.S. § 473, PA ST 40 P.S. § 473
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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