Pennsylvania Code & Bulletin

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 53 Pa.B. 6142 (September 30, 2023).

31 Pa. Code § 85.24. Balancing of account.

§ 85.24. Balancing of account.

 Any deficit which may arise in any separate account by virtue of mortality experience guaranteed by the life insurance company or by expense costs so guaranteed shall be adjusted by transfers from unallocated surplus or contingency reserves not required by law to such separate account so that the assets of such account shall at least be equal to the liabilities.

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