15 Pa. C.S. § 3122

Current through 2024 legislation effective May 8, 2024
Section 3122 - Distributions by insurance corporations

The amount of capital received by an insurance corporation upon its stock shall be a liability of the corporation for the purpose of determining the power of the corporation to make any distribution of money or other assets to its shareholders or members.

15 Pa.C.S. § 3122

1990, Dec. 19, P.L. 834, No. 198, § 102, effective in six months.