Pennsylvania Statutes
§ 6334 — Dissolution or liquidation
Pennsylvania·Title 40 INSURANCE·Part PART III·Ch. 63 PROFESSIONAL HEALTH SERVICES PLAN·Subch. REGULATION GENERALLY
No professional health service corporation shall be dissolved under the provisions of Title 15 (relating to corporations and unincorporated associations) or under any other provision of law, except with the prior approval of the department. Articles of dissolution for a professional health service corporation filed in the Department of State, whether pursuant to a decree of court liquidating the corporation or otherwise, shall not be effective unless and until approved by the Insurance Department. Any dissolution or liquidation of a professional health service corporation shall be under the supervision of the Insurance Department which shall have all powers with respect thereto granted to it under the laws of this Commonwealth governing the dissolution or liquidation of insurance companies
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Nearby Sections
15
§ 6301
Application of chapter§ 6302
Definitions§ 6305
Initial reserves§ 6309
Penalties§ 6310
Enforcement§ 6321
Required reserves§ 6322
Scope of service§ 6325
Income status; effect