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Current as of January 01, 2025 | Updated by Findlaw Staff
An institution may insure titles to, liens on and other interests in real estate only if:
(a) it had the power to do so on the effective date of this act and exercised the power within a period of one year prior to such effective date, and
(b) it does not fail to exercise such power for any period of twelve successive calendar months at any time after the effective date of this act.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 7 P.S. Banks and Banking § 406. Statutes Title insurance - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-7-ps-banks-and-banking/pa-st-sect-7-406/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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