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2018 Pennsylvania Consolidated Statutes
Title 40 - INSURANCE
Chapter 39 - Corporate Governance Annual Disclosure
Section 3908 - Penalties
Universal Citation: 40 PA Cons Stat § 3908 (2018)
§ 3908. Penalties.
An insurer or insurance group that fails to timely file a CGAD as required under this chapter or by regulation shall be required, after notice and hearing, to pay a penalty of $200 for each day's delay. The maximum penalty under this section shall be $25,000 per year.
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