15 Pa.C.S. § 3122
Distributions by insurance corporations
Pennsylvania · Pennsylvania Consolidated Statutes Title 15 — CORPORATIONS AND UNINCORPORATED ASSOCIATIONS · Status: effective
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- 15 Pa.C.S. § 3122, Distributions by insurance corporations, Pennsylvania, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1380697
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Full text
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.