Pennsylvania § 6330 Investment of funds

Pennsylvania Statutes

§ 6330 — Investment of funds

Pennsylvania·Title 40 INSURANCE·Part PART III·Ch. 63 PROFESSIONAL HEALTH SERVICES PLAN·Subch. REGULATION GENERALLY

Any statute to the contrary notwithstanding, funds of any professional health service corporation, equal to its reserves, shall be invested in compliance with the requirements of law for the investment of the capital and reserves of life insurance companies. The funds of any such corporation, equal to its surplus, shall be invested in compliance with the requirements of law for the investment of the surplus of life insurance companies.

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Any statute to the contrary notwithstanding, funds of any professional health service corporation, equal to its reserves, shall be invested in compliance with the requirements of law for the investment of the capital and reserves of life insurance companies. The funds of any such corporation, equal to its surplus, shall be invested in compliance with the requirements of law for the investment of the surplus of life insurance companies.

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