52 Pa. Stat. § 3208
Current through Pa Acts 2024-53, 2024-56 through 2024-92
The board shall set aside five per centum of all premiums collected for the creation of a surplus until such surplus shall amount to two hundred thousand dollars ($200,000), and thereafter they may set apart such percentage not exceeding five per centum as in their discretion they may determine to be necessary to maintain such surplus sufficiently large to cover the catastrophe hazard of all the subscribers to the fund and to guarantee the solvency of the fund.
52 P.S. § 3208