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Pennsylvania · Through 2026-07-28 (Statute Update stamp, 15 Pa.C.S.)

15 Pa.C.S. § 3122: Distributions by insurance corporations.

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Where this section sits in the code
  1. Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
  2. PART II CORPORATIONS
  3. SUBPART B BUSINESS CORPORATIONS
  4. ARTICLE C DOMESTIC BUSINESS CORPORATION ANCILLARIES
  5. CHAPTER 31 INSURANCE CORPORATIONS
  6. SUBCHAPTER B POWERS, DUTIES AND SAFEGUARDS

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.

Collected 2026-09-02T16:31:13Z. Source file · JSON

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