Senate Bill 539 Printer's Number 557
PENNSYLVANIA, April 9 - PRINTER'S NO. 557
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
539
Session of
2021
INTRODUCED BY LAUGHLIN, YUDICHAK, MENSCH, PITTMAN, HUTCHINSON
AND ROBINSON, APRIL 9, 2021
REFERRED TO BANKING AND INSURANCE, APRIL 9, 2021
AN ACT
Amending the act of May 17, 1921 (P.L.682, No.284), entitled "An
act relating to insurance; amending, revising, and
consolidating the law providing for the incorporation of
insurance companies, and the regulation, supervision, and
protection of home and foreign insurance companies, Lloyds
associations, reciprocal and inter-insurance exchanges, and
fire insurance rating bureaus, and the regulation and
supervision of insurance carried by such companies,
associations, and exchanges, including insurance carried by
the State Workmen's Insurance Fund; providing penalties; and
repealing existing laws," in general provisions relating to
insurance companies, associations and exchanges, further
providing for service contract exclusion.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 358 of the act of May 17, 1921 (P.L.682,
No.284), known as The Insurance Company Law of 1921, is amended
to read:
Section 358. Service Contract Exclusion.--(a) The
marketing, sale, offering for sale, issuance, making, proposing
to make and administration of a service contract, maintenance
agreement, guaranteed asset protection waiver or vehicle theft
protection product warranty shall not be construed to be the
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