75 Pa.C.S. § 1742
This is the official text of 75 Pa.C.S. § 1742, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
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Scope of plan.
Official statutory text
The Assigned Risk Plan shall:
(1) Include rules for the classification of risks and rates therefor.
(2) Provide for the installment payment of premiums subject to customary terms and conditions.
(3) Provide rules for the equitable apportionment among participating insurers of clean risks who shall be eligible to receive the insurer's voluntary rate.
(4) Provide rules to specify the effective date and time of coverage, provided that applicants may only obtain coverage effective as of the date and time of the application if the agent or broker of record uses electronic mail binding procedures specified in the rules. (Feb. 7, 1990, P.L.11, No.6, eff. July 1, 1990)
(1) Include rules for the classification of risks and rates therefor.
(2) Provide for the installment payment of premiums subject to customary terms and conditions.
(3) Provide rules for the equitable apportionment among participating insurers of clean risks who shall be eligible to receive the insurer's voluntary rate.
(4) Provide rules to specify the effective date and time of coverage, provided that applicants may only obtain coverage effective as of the date and time of the application if the agent or broker of record uses electronic mail binding procedures specified in the rules. (Feb. 7, 1990, P.L.11, No.6, eff. July 1, 1990)
Status: in_force · Read it on the official government site
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