Pennsylvania Code & Bulletin

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 53 Pa.B. 3392 (June 24, 2023).

31 Pa. Code § 107.1. Contingent liability required.

§ 107.1. Contingent liability required.

 Consistent with the expression of the ‘‘maximum premium’’ payable as required by section 806 of The Insurance Company Law of May 1921 (40 P. S. §  916), each assessable policy issued in this Commonwealth shall cause the insured to assume a contingent liability for assessment for each one year period during which his policy is in force.

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