Maximum Amounts of Risks

Act 284 of 1921, § 910, under "INSURANCE COMPANY LAW OF 1921, THE".

Act 284 of 1921, § 910

Section 910. Maximum Amounts of Risks.--No association of underwriters, authorized to do business in this Commonwealth under the terms hereof, shall expose themselves to loss on any one risk to an amount in excess of one-fifth of their cash and invested assets, including therein the underwriting liability of the individual underwriters, unless any excess shall be promptly reinsured by said underwriters.