40 Pa. Stat. § 221.21
Current through Pa Acts 2024-53, 2024-56 through 2024-92
All insurance in effect at the time of issuance an order of liquidation shall continue in force only with respect to the risks in effect, at that time (i) for a period of thirty days from the date of entry of the liquidation order; (ii) until the normal expiration of the policy coverage; (iii) until the insured has replaced the insurance coverage with equivalent insurance in another insurer or otherwise terminated the policy; or (iv) until the liquidator has effected a transfer of the policy obligation pursuant tosection 523(8) , whichever time is less.
40 P.S. § 221.21