Pennsylvania Code (Last Updated: April 5, 2016) |
Title 31. INSURANCE |
PART IV. Life Insurance |
Chapter 90a. Separate Accounts for Principal and Interest Guarantees |
Section 90a.21. Establishment
Latest version.
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A company proposing to issue contracts with the approval of the Department shall establish one or more separate accounts under section 406.2 of the act (40 P. S. § 506.2) under which reserves for funds guaranteed as to principal amount or stated rate of interest shall be maintained.