Examination Authority

Act 285 of 1921, § 709, under "INSURANCE DEPARTMENT ACT OF 1921, THE".

Act 285 of 1921, § 709

Section 709. Examination Authority.--(a) A reinsurance intermediary shall be subject to examination by the department. The department shall have access to all books, bank accounts and records of the reinsurance intermediary in a form usable by the department.

(b) An RM may be examined as if it were the reinsurer.

(709 added Dec. 18, 1992, P.L.1496, No.177)