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§ 310.42. Theft by insurance producers

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. InsuranceEffective: June 4, 2003

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 40 P.S. Insurance (Refs & Annos)
Chapter 1. Insurance Department (Refs & Annos)
Article VI-a. Insurance Producers (Refs & Annos)
Subarticle B. Regulation of Insurance Producers (Refs & Annos)
Division 1. Prohibited Activities
Effective: June 4, 2003
40 P.S. § 310.42
§ 310.42. Theft by insurance producers
Currentness
(a) Prohibition.--No insurance producer shall sell, solicit or negotiate a contract of insurance and fraudulently appropriate or convert to his own use or, with intent to use or fraudulently appropriate, take, or otherwise dispose of, or withhold, appropriate, lend, invest or otherwise use or apply money or substitutes for money received by him as an insurance producer contrary to the instructions or without the consent of the insurer.
(b) Penalty.--A person that violates this section commits a theft punishable in accordance with 18 Pa.C.S. Ch. 391 (relating to theft and related offenses).

Credits

1921, May 17, P.L. 789, art. VI-A, § 642-A, added 2002, Dec. 6, P.L. 1183, No. 147, § 2, effective in 180 days.

Footnotes

1
18 Pa.C.S.A. § 3901 et seq.
40 P.S. § 310.42, PA ST 40 P.S. § 310.42
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document