40 Pa. Stat. § 675

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 675 - Cash premium policies without contingent liability for assessment

Any domestic mutual fire insurance company, organized prior to May first, one thousand eight hundred and seventy-six, having a surplus not less than the minimum capital required for the organization of a domestic stock fire insurance company and an unearned premium reserve computed upon the same basis as that required of domestic stock fire insurance companies, may issue policies for a cash premium without any contingent liability for assessment.

40 P.S. § 675

1921, May 25, P.L. 1124, No. 419, § 1.