Pennsylvania Statutes
§ 3122 — Distributions by insurance corporations
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART II·Ch. 31 INSURANCE CORPORATIONS·Subch. 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.
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Legislative History
Cross References.Section 3122 is referred to in section 1551 of this title.
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