Additional Penalties

Act 285 of 1921, § 515-A, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 515-A

Section 515-A. Additional Penalties.--An insurer that fails to file an RBC report or adjusted RBC report within the time required under this article shall, in addition to any other penalties provided by law, forfeit a sum not to exceed two hundred dollars ($200) for each day during which the insurer fails to file.

(515-A added June 25, 1997, P.L.349, No.40)