§ 112. Computation of reserve
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 112
§ 112. Computation of reserve
In addition to the reserves required by section 311,1 any insurance company, other than life insurance companies, is required to establish statutory reserves for those lines of insurance reported in schedule “P” of the Annual Statement Blank, as adopted for use in Pennsylvania by the commissioner, in accordance with the instructions for calculation of such statutory reserves as published by the National Association of Insurance Commissioners.
Credits
1921, May 17, P.L. 789, art. III, § 313. Amended 1935, July 12, P.L. 956, § 1; 1975, Dec. 19, P.L. 571, No. 163, § 3, imd. effective; 1992, Dec. 18, P.L. 1496, No. 177, § 7, effective in 120 days.
Footnotes
40 P.S. § 92.
40 P.S. § 112, PA ST 40 P.S. § 112
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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