40 Pa. Stat. § 855

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 855 - Rate of premium

No policy of insurance issued by such insurance company shall be valid unless the premium upon such policy, including fee paid to city inspector as hereinafter provided for, shall be equal to or exceed in amount one and one-half times the charges prescribed by the city ordinance for the inspection of steam boilers; nor shall such policy be cancelled or modified, so that the premium shall be less than the amount herein provided for, without notifying the city inspector thereof immediately, in writing, with the reasons therefor.

40 P.S. § 855

1891, March 11, P.L. 5, § 2, art. 3.