Current through Pa Acts 2024-53, 2024-56 through 2024-92
The following acts or parts of acts are repealed in so far as they are inconsistent with the provisions of this act:
(1) The act of May 17, 1921 (P.L. 682), known as "The Insurance Company Law of 1921." (2) The act of May 5, 1933 (P.L. 289), known as the "Nonprofit Corporation Law." (3) The act of July 17, 1935 (P.L. 1092), entitled "An act defining fraternal benefit societies and their status; authorizing such societies to create subordinate lodges and to pay benefits to members and their beneficiaries from funds collected, and regulating such benefits and collections; providing for the organization and incorporation of such societies and for their supervision, regulation, and examination by the Insurance Commissioner, and for the admission of foreign societies; designating tables of mortality as a basis for rates of contribution; requiring all societies to make annual and other reports; and appointing the Insurance Commissioner as attorney for service of process; providing penalties for any violations of the act; exempting such societies from taxation and certain other societies from its provisions; and requiring beneficial associations, other than fraternal benefit societies, to report to and be supervised by the Insurance Commissioner; and repealing existing laws." (4) The act of June 4, 1937 (P.L. 1643), entitled "An act relating to certain existing beneficial societies; conferring certain rights, powers and duties upon them, their officers and members; authorizing the payment of benefits by them in the event of sickness, accident, disability or death; regulating such societies and corporations; and limiting the amount for which they may issue membership certificates or policies; providing for reserves; imposing penalties; and repealing certain existing laws and parts of law." (5) The act of June 27, 1939 (P.L. 1125), known as the "Nonprofit Medical Service Corporation Act." (6) All other acts or parts of acts in so far as they are inconsistent with the provisions of this act.1965, Dec. 27, P.L. 1247, § 3.