40 Pa. Stat. § 112

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 112 - Computation of reserve

In addition to the reserves required by section 311, 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.

40 P.S. § 112

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. 1469, No. 177, § 7, effective in 120 days.