§ 1603.1. Written disclosure of financial interest
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 63 P.S. Professions and Occupations (State Licensed)Effective: October 1, 2012
Effective: October 1, 2012
63 P.S. § 1603.1
§ 1603.1. Written disclosure of financial interest
(a) Requirement.--A public adjuster shall provide the insured a written disclosure concerning a direct or indirect financial interest the public adjuster has with another party involved in an aspect of the claim other than the salary, fee, commission or other consideration established in the written contract with the insured, including ownership of or compensation expected to be received from a construction firm, building appraisal firm, motor vehicle repair shop or another firm that provides estimates for work or that performs work in conjunction with damages caused by the insured loss on which the public adjuster is engaged.
Credits
1983, Dec. 20, P.L. 260, No. 72, § 3.1, added 2012, April 3, P.L. 209, No. 21, § 4, effective in 180 days [Oct. 1, 2012].
63 P.S. § 1603.1, PA ST 63 P.S. § 1603.1
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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