40 Pa. Stat. § 910-36

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 910-36 - Investments acquired before effective date

Any investment of a title insurance company lawfully acquired before the effective date of this amendment and which but for this section would be considered ineligible as an investment on such effective date, shall be disposed of within three years from such effective date. The commissioner, upon application and proof that forced sale of any such investment would be contrary to the best interests of the title insurance company and its policyholders, may extend the period for sale or disposal of such investment for a further reasonable time, in no event to exceed three years.

40 P.S. § 910-36

1921, May 17, P.L. 682, art. VII, § 736, added 1963, Aug. 14, P.L. 922, § 3.