Automatic Inflation Protection Increase

Act 484 of 1961, § 12.2, under CREATING ANTHRACITE AND BITUMINOUS COAL MINE SUBSIDENCE FUND.

Act 484 of 1961, § 12.2

Section 12.2. Automatic Inflation Protection Increase.--The board shall make available to all subscribers an annual inflation protection option on the anniversary date of each policy to uniformly increase subscribers' coverage, and shall allow thirty days for subscribers to elect this option. In any case, the option shall not be made available more than once annually. An inflation protection increase shall not be subject to a reinspection of the structure.

(12.2 added July 10, 1984, P.L.711, No.151)