§ 25.8. Waivers.
This chapter does not constitute a waiver by the Department of its authority, for the purpose of examining into the affairs of a corporation proposing to acquire or offering to acquire voting securities of an insurer or a person which controls an insurer, to have free access to its books and papers which relate to its business, and to the books and papers kept by any of its agents. The Department may summon, and administer the oath to, and examine as witnesses, the directors, officers and agents of the person and other persons, relative to its affairs, transactions and condition.
The provisions of this § 25.8 amended under The Insurance Company Law of 1921 (40 P. S. § § 991.1401—991.1413).
The provisions of this § 25.8 amended September 3, 1993, effective September 4, 1993, 23 Pa.B. 4216. Immediately preceding text appears at serial page (72763).
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