Pennsylvania Statutes
§ 9507 — Not an entitlement
(a)No entitlement.--The provision of reinsurance program money or benefits accrued through the Reinsurance Fund may not constitute an entitlement derived from the Commonwealth or a claim on any other money of the Commonwealth.
(b)Contingency with respect to Federal money.--Notwithstanding any provision of this chapter, the department shall have no responsibility to pay reinsurance amounts that would be payable out of Federal money if the Federal Government does not transmit sufficient money for the Reinsurance Fund to fully recompense those actions.
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Nearby Sections
15
§ 9501
Application§ 9504
Reinsurance parameters§ 9507
Not an entitlement§ 9508
Annual audit§ 9510
Reinsurance Fund§ 9514
Immunity§ 9515
Regulation of insurers