Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 53 Pa.B. 8238 (December 30, 2023).

31 Pa. Code § 112.1. Purpose.

§ 112.1. Purpose.

 The purpose of this chapter is to establish standards for policies of insurance covering personal property pledged by debtors as collateral to secure a loan or personal property purchased by a credit transaction; to set forth procedures for rate regulation, premium refunds, loss adjustment; to provide requirements for notice of proposed insurance, filing of forms, collection of premiums and maintenance of statistics.



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