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31 Pa. Code § 37.83. Merger of entities.

§ 37.83. Merger of entities.

 When insurance entities merge, consolidate or reincorporate so that the agents of one or more of the entities are to be appointed as a whole for the new entity or the surviving entity, the appointments shall be recorded under the same conditions as the renewal of appointments, and an applicable fee will be charged. Additional lines of authority will not be granted to these agents by means of the transaction.

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