Effect of Payment to Surplus Lines Licensee

Act 284 of 1921, § 1614, under "INSURANCE COMPANY LAW OF 1921, THE".

Act 284 of 1921, § 1614

Section 1614. Effect of Payment to Surplus Lines Licensee.--A payment of premium to the writing producer or to a surplus lines licensee acting for a person other than himself in negotiating, continuing or reviewing any contract of insurance under this article shall be deemed to be payment to the insurer, whatever conditions or stipulations may be inserted in the contract notwithstanding.

(1614 amended Mar. 22, 2010, P.L.147, No.14)