retaliatory law

retaliatory law
Restraints placed by state law on foreign companies equal to the restraints placed by such foreign jurisdictions on companies doing business in such states. Many states have such laws. For example, in Pennsylvania if by laws of any other state or foreign government any taxes, fines, penalties, license fees or other obligations or prohibitions additional to or in excess of those imposed by Pennsylvania laws on insurance companies, associations and exchanges of other states, are imposed on insurance companies, associations and exchanges of Pennsylvania doing business in such state, like obligations and prohibitions are imposed on insurance companies, associations and exchanges of such state doing business in Pennsylvania

Black's law dictionary. . 1990.

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