§ 241. Definitions
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 241
§ 241. Definitions
The following words and phrases when used in this act shall have, unless the context clearly indicates otherwise, the meanings given to them in this section:
“Agent.” An individual, partnership or corporation, licensed by the Insurance Department, who contracts with an insurer to sell insurance on behalf of the insurer.
“Insurer.” An insurance company, association or exchange authorized to transact and transacting the business of property or casualty insurance, or both, in the Commonwealth.
Credits
1978, Sept. 22, P.L. 763, No. 143, § 1, imd. effective. Amended 1987, Dec. 18, P.L. 418, No. 88, § 1, imd. effective.
40 P.S. § 241, PA ST 40 P.S. § 241
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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