Distributions by insurance corporations

Checkout our iOS App for a better way to browser and research.

The amount of capital received by an insurance corporation upon its stock shall be a liability of the corporation for the purpose of determining the power of the corporation to make any distribution of money or other assets to its shareholders or members.

Cross References. Section 3122 is referred to in section 1551 of this title.


Download our app to see the most-to-date content.