40 Pa. Stat. § 459.2

Current through P.A. Acts 2023-32

Section 459.2 - Interlocking directorates

Any person otherwise qualified may be a director of two or more insurance companies when such interlocking directorate is not used as a means of substantially lessening competition or tending to create a monopoly.

40 P.S. § 459.2

1921, May 17, P.L. 628, art. III, § 337.2, added 1947, June 5, P.L. 443, § 1.