§ 271.377. Insurance pool.
An applicant which is a municipality or municipal authority may enter an insurance pool in accordance with 42 Pa.C.S. § 8564(d) (relating to liability insurance and self-insurance) which shall meet with the following requirements:
(1) If the insurance pool is such that the applicant is a co-insured under a master policy issued by a commercial insurer, the master policy shall meet the conditions of § § 271.371—271.376.
(2) If the insurance pool is such that the applicant is a participant in a trust fund, established to meet the requirements of § 271.371 (relating to insurance requirement), the trust fund shall be established in accordance with 42 Pa.C.S. § 8564(d) and shall contain terms and conditions so that the coverage provided meets the requirements of § 271.373 (relating to minimum insurance coverage). § § 691.5(a), 691.304 and 691.402); and sections 1917-A and 1920-A of the act of April 9, 1929 (P. L. 177, No. 175) (71 P. S. § § 510-17 and 510-20).
Source The provisions of this § 271.377 adopted September 13, 1991, effective September 14, 1991, 21 Pa.B. 4179.
Cross References This section cited in 25 Pa. Code § 271.371 (relating to insurance requirement).
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.
