40 Pa. Stat. § 72
Current through P.A. Acts 2024-18
Whenever any life insurance company doing business in this Commonwealth has not on hand the net value, as above defined, of all policies in force, after all other debts and claims against it, including fifty per centum of capital, have been provided for, the Insurance Commissioner shall notify such company and its agents to issue no new policies until its funds become equal to its liabilities.
40 P.S. § 72