15 Pa.C.S. § 3122: Distributions by insurance corporations.
Where this section sits in the code
- Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
- PART II CORPORATIONS
- SUBPART B BUSINESS CORPORATIONS
- ARTICLE C DOMESTIC BUSINESS CORPORATION ANCILLARIES
- CHAPTER 31 INSURANCE CORPORATIONS
- 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