§ 1605. Contract
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. § 1605
§ 1605. Contract
(a) Written contract required.--No public adjuster shall, directly or indirectly, act within this Commonwealth as a public adjuster without having first entered into a contract, in writing, on a form approved by the department and executed in duplicate by the public adjuster and the insured or a duly authorized representative. One copy of this contract shall be kept on file by the public adjuster, available at all times for inspection by the department. The department shall disapprove a contract form if, in the department's opinion, the contract or its provisions:
At the department's discretion, the department may also require the submission of advertising or solicitation material.
(d) Contracts limited to adjustment of insurance losses.--No public adjuster shall, directly or indirectly, through or with any person, partnership, corporation or association in which it has an indirect or beneficial interest, enter into any contract with any insured for the repair, replacement, restoration, renovation or demolition of damaged property, real or personal, at any time prior to the date a verdict or award is entered or payment is received from the insurance carrier, whichever event shall occur first.
Credits
1983, Dec. 20, P.L. 260, No. 72, § 5, imd. effective. Amended 2012, April 3, P.L. 209, No. 21, § 5, effective in 180 days [Oct. 1, 2012].
63 P.S. § 1605, PA ST 63 P.S. § 1605
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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