40 Pa. C.S. § 3506

Current through P.A. Acts 2023-66

Section 3506 - Effective date of plan

A plan is effective when the following have been completed:

(1) The commissioner has approved the plan.

(2) The eligible subscribers have approved the plan.

(3) If the stock company becomes successor to the reciprocal insurer by merger, the eligible subscribers have approved the merger of the reciprocal insurer with and into the stock company and the articles of merger have been filed with the Secretary of the Commonwealth.

40 Pa.C.S. § 3506

Added by P.L. TBD 2015 No. 2, § 1, eff. 7/12/2015.