40 Pa. Stat. § 788

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 788 - Surplus

The board of directors may set aside such part of all premiums collected as it may deem necessary for the creation of an adequate surplus to cover the catastrophe hazard of all the subscribers to such fund and to guarantee the solvency of the fund.

40 P.S. § 788

1921, May 17, P.L. 682, art. VI, § 643.