31 Pa. Code § 148a.5 - Penalty and existing custodial agreements
(a) Failure to comply with this chapter will
result in the treatment of an insurer's securities or investment company
securities as nonadmitted assets for purposes of financial reports filed with
the Department.
(b) With respect to
custody agreements entered into prior to November 2, 2002, and in compliance
with laws or regulations in existence immediately preceding November 2, 2002,
insurers have until November 3, 2003, to achieve compliance with this
chapter.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.