PocketLaw | Pennsylvania Consolidated Statutes | Medical Professional

Medical Professional Liability Reciprocal Exchange-to-Stock Conversion

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Definitions

Adoption of plan of conversion

Contents of plan of conversion

Optional provisions of plan of conversion

Alternative plan of conversion

Effective date of plan

Rights of subscribers whose policies are issued after adoption of plan and before effective date

Corporate existence

Conflict of interest

Failure to give notice

Limitation on actions

Reciprocal insurer insolvent or in hazardous financial condition

Rules and regulations

Laws applicable to stock company

Licensing of stock company and commencement of business as an insurance company

Amendment of policies

Prohibition on acquisition of control

Chapter Notes