§ 790. Assessments
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 790
§ 790. Assessments
If any employers' mutual liability insurance association is not possessed of cash funds, over and above its unearned premiums on undetermined risks, sufficient for the payment of incurred losses and expenses, it shall make an assessment for the amount needed to pay such losses and expenses upon the subscribers liable to assessment therefor, in proportion to their several liabilities.
Credits
1921, May 17, P.L. 682, art. VI, § 645.
40 P.S. § 790, PA ST 40 P.S. § 790
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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