40 Pa. Stat. § 621.1

Current through P.A. Acts 2023-32
Section 621.1 - Definition: limited life insurance companies

All corporations now incorporated or reincorporated under the provisions of the act, approved the twenty-eighth day of April, one thousand nine hundred three (Pamphlet Laws, three hundred twenty-nine) , entitled "An act to provide for the incorporation and regulation of corporations for the purpose of making insurance upon the health of individuals, and against personal injury and disablement and death therein; limiting the amount for which such corporations may issue policies, and providing the manner in which certain existing corporations may become reincorporated under this act," or under the provisions of the act, approved the twentieth day of April, one thousand nine hundred and twenty-seven (Pamphlet Laws, three hundred seventeen) , entitled "An act authorizing certain existing beneficial or protective societies, heretofore incorporated, to reincorporate for the purpose of making insurance upon the health of individuals and against personal injury and disablement and death; regulating such corporations and limiting the amount for which corporations may issue policies; and imposing a tax on gross premiums of companies reincorporated under the provisions of this act," which make insurances against death, personal injury and disablement and upon health of individuals, are hereby further designated as limited life insurance companies.

40 P.S. § 621.1

1939, June 24, P.L. 685, § 1.