The Board, or its agents, will refund premiums whenever it cancels an insurance policy as provided in the insurance policy or in the act. The refunds will be calculated on a pro rata basis.

Authority

The provisions of this § 401.17 issued under the act of August 23, 1961 (P. L. 1068, No. 484) (52 P. S. § § 3201—3225).

Source

The provisions of this § 401.17 adopted August 6, 1993, effective August 7, 1993, 23 Pa.B. 3687.