§ 910-11. Power to accept deposits; loss of title insurance powers
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 910-11
§ 910-11. Power to accept deposits; loss of title insurance powers
Any title insurance company which shall possess the further powers to receive deposits or otherwise to engage in a banking business, and shall not have exercised, within one year preceding the effective date of this amendment, any of such further powers, and shall again exercise such further powers to receive deposits or otherwise engage in a banking business, shall make no further contracts or issue any policies of title insurance. Any title insurance company possessing such further powers and shall not hereafter exercise any of such further powers for any consecutive period of one year, upon exercising again such further powers to receive deposits or otherwise engage in a banking business, shall make no further contracts or issue any policies of title insurance.
Credits
1921, May 17, P.L. 682, art. VII, § 711, added 1963, Aug. 14, P.L. 922, § 3.
40 P.S. § 910-11, PA ST 40 P.S. § 910-11
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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