101 - Definitions. - Pennsylvania Statutes

TITLE 40 INSURANCE Part I. Preliminary Provisions II. Regulation of Insurers and Related Persons Generally (Reserved) III. Special Provisions Relating to Particular Classes of Insurers Enactment. Unless otherwise noted, the provisions of Title 40 were added November 15, 1972, P.L.1063, No.271, effective in 90 days. PART I PRELIMINARY PROVISIONS Chapter 1. General Provisions Enactment. Part I was added November 15, 1972, P.L.1063, No.271, effective in 90 days. CHAPTER 1 GENERAL PROVISIONS Sec. 101. Definitions. Enactment. Chapter 1 was added November 15, 1972, P.L.1063, No.271, effective in 90 days. § 101. Definitions. Subject to additional definitions contained in subsequent provisions of this title which are applicable to specific parts, articles, chapters or other provisions of this title, the following words and phrases when used in this title shall have, unless the context clearly indicates otherwise, the meanings given to them in this section: "Beneficial society." A corporation subject to regulation under the act of June 4, 1937 (P.L.1643, No.342). "Certificate of authority." An instrument in writing issued by the department authorizing an insurer or proposed insurer to engage in the business of insurance, or some specified line, branch or part thereof, in this Commonwealth. "Corporation not-for-profit." A corporation not-for-profit as defined in Title 15 (relating to corporations and unincorporated associations). "Department." The Insurance Department of the Commonwealth. "Foreign." Not incorporated or organized under the laws of this Commonwealth. "Uncertificated." Not holding an unsuspended or unrevoked certificate of authority authorizing the relevant line, branch or part of the business of insurance.