40 Pa. Stat. § 910-21

Current through P.A. Acts 2023-32
Section 910-21 - Special reinsurance

In the event that the risk of a single transaction involving a parcel of real estate situated within this Commonwealth exceeds the total net retention, both primary and secondary, permitted by this article for all title insurance companies authorized to transact business within this Commonwealth, and the total reinsurance available from companies authorized to reinsure risks by section 720 of this act, reinsurance may be obtained from companies not authorized to reinsure risks within this Commonwealth with the prior approval in writing of the commissioner.

40 P.S. § 910-21

1921, May 17, P.L. 682, art. VII, § 721, added 1963, Aug. 14, P.L. 922, § 3.