GroundRules
INS § 4051
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 1. FIRE AND MARINE INSURANCE [1880. - 10108.1.]
- CHAPTER 4. General Mutual Insurers [4010. - 4097.20.]
- ARTICLE 5. Dividends to Policyholders [4050. - 4052.]
A dividend otherwise proper may be payable out of such savings, earnings, and gains even though the insurer’s total surplus is then less than the aggregate of contributed surplus remaining unpaid by the insurer.
Collected 2026-09-14T05:56:33Z. Source file · JSON