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§ 3213. Cross-collateralization limited

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 12. Continuing-Care Provider Registration and Disclosure Act (Refs & Annos)
40 P.S. § 3213
§ 3213. Cross-collateralization limited
Currentness
Only the unencumbered assets of a continuing-care facility may be pledged by the provider as collateral for the purpose of securing loans for other continuing-care facilities, whether proposed or existing.

Credits

1984, June 18, P.L. 391, No. 82, § 13, effective in 6 months.
40 P.S. § 3213, PA ST 40 P.S. § 3213
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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