Pennsylvania Statutes Title 40 P.S. Insurance § 551. Certain companies heretofore organized may come within provisions of act

Every company incorporated or reincorporated under the act of April twenty-eighth, one thousand nine hundred and three (Pamphlet Laws, three hundred twenty-nine), entitled “An act to provide for the incorporation and regulation of corporations for the purpose of making insurance upon the health of individuals, and against personal injury and disablement and death therein; limiting the amount for which such corporations may issue policies, and providing the manner in which certain existing corporations may become reincorporated under this act,”  1 or under the act of April twentieth, one thousand nine hundred twenty-seven (Pamphlet Laws, three hundred seventeen), entitled “An act authorizing certain existing beneficial or protective societies, heretofore incorporated, to reincorporate for the purpose of making insurance upon the health of individuals and against personal injury and disablement and death; regulating such corporations and limiting the amount for which corporations may issue policies; and imposing a tax on gross premiums of companies reincorporated under the provisions of this act,”  2 or under the act of June twenty-fourth, one thousand nine hundred thirty-nine (Pamphlet Laws, six hundred eighty-six), entitled “An act authorizing certain existing beneficial or protective societies, heretofore incorporated, to reincorporate as limited life insurance companies for the purpose of making insurance upon the health of individuals and against personal injury and disablement and death; regulating such corporations and limiting the amount for which such corporations may issue policies,”  3 or under any subsequent act, authorizing certain existing incorporated beneficial or protective societies to reincorporate, or to merge and reincorporate as limited life insurance companies, or under the act of July 15, 1957 (P.L. 929), entitled “An act authorizing the incorporation of limited life insurance companies for the purpose of issuing insurance upon the health of individuals and against personal injury and disablement and death, including endowment insurance; regulating such companies and limiting the amounts for which such companies may issue policies,”  4 may, notwithstanding any limitation to the contrary, established by any act of Assembly or by the provisions of its charter, issue policies insuring the lives of persons, and every insurance appertaining thereto, may grant and dispose of annuities, and may insure against personal injury, disablement or death resulting from traveling or general accidents, and against disablement resulting from sickness, and every insurance appertaining thereto, as specified in subdivision (a) clauses one (1) and two (2) of section two hundred and two (202)  5 of this act, if such company has and maintains the capital and surplus required of stock and mutual insurers under sections 206 and 206.2  6 of this act.