Pennsylvania § 3122 - Distributions by insurance corporations.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 3122 — Distributions by insurance corporations., with citation guidance and answers to common questions.
§ 3122. Distributions by insurance corporations.
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.
Source: official Pennsylvania text · Last verified 2026-08-27
Frequently Asked Questions About Pennsylvania § 3122
What does Pennsylvania Consolidated Statutes § 3122 cover?
Section 3122 ("Distributions by insurance corporations.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 3122?
A common citation format is "Pennsylvania Consolidated Statutes § 3122" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 3122 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.