§ 401.44. Repayment of commissions.
Commissions in excess of $5 that are unearned due to the Board’s rejection of a mine subsidence insurance application or the cancellation of a policy shall be repaid to the Board upon its demand. Failure by an insurance producer to repay commissions within 60 days of the Board’s written request may result in exclusion from participation with the Fund. The Board’s decision to exclude an insurance producer from participating with the Fund is appealable to the Environmental Hearing Board under to the Environmental Hearing Board Act (35 P. S. § § 75.11—75.16).
Authority The provisions of this § 401.44 issued under the act of August 23, 1961 (P. L. 1068, No. 484) (52 P. S. § 3219).
Source The provisions of this § 401.44 adopted December 11, 2009, effective December 12, 2009, 39 Pa.B. 6953.
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