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" ... any company may declare dividends not exceeding ten per cent on its capital stock, in any one year, that shall have accumulated and be in possession of a fund, in addition to the amount of its capital stock, and of such dividend, and all actual outstanding... "
Journal of the Institute of Actuaries - Página 328
1876
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General Statute Laws of the State of New York Relating to Fire, Marine, Life ...

New York (State) - 1865 - 174 páginas
...unpaid : pro- Reservavided, always, that any company may declare dividends not exceeding ten per cent on its capital stock, in any one year, that shall...addition to the amount of its capital stock, and of such dividend, and all actual outstanding liabilities, equal to one-half of the amount of all premiums on...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volumen6

New York (State) - 1868 - 912 páginas
...remaining unpaid: provided, always, that any company may declare dividends not exceeding ten per cent on its capital stock, in any one year, that shall...addition to the amount of its capital stock, and of such dividend, and all actual outstanding liabilities, equal to one-half of the amount of all premiums on...
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Acts of the Legislature of the State of Michigan, Volumen1

Michigan - 1869 - 608 páginas
...remaining unpaid : Provided always, That any company may declare dividends not exceeding ten per cent. on its capital stock, in any one year, that shall...addition to the amount of its capital stock, and of such dividend, and all outstanding liabilities, equal to one-half of the amount of all premiums on risks...
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Laws

Illinois - 1869 - 624 páginas
...remaining unpaid : Provided, always, that any company may declare dividends, not exceeding ten per cent, on its capital stock in any one year, that shall have...addition to the amount of its capital stock and of such dividend, and all actual outstanding liabilities, equal to one-half of the amount ./f all premiums...
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Reports Made to the Senate and House of Representatives of the ..., Volumen1

Illinois - 1869 - 974 páginas
...company may declare dividends not exceeding ten per cent, on its capital stock in any one year, th.it shall have accumulated and be in possession of a fund,...to the amount of its capital stock — and of such dividend, and all actual outstanding liabilities, equal to one-half of the amount of all premiums on...
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Wisconsin Session Laws

Wisconsin - 1870 - 284 páginas
...remaining unpaid : provided, always, that any company may declare dividends not exceeding ten per cent on its capital stock in any one year that shall have...of its capital stock and of such dividends, and all actual outstanding liabilities equal to one-half of all premiums on risks not terminated at the time...
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General Acts Passed by the Legislature of Wisconsin

Wisconsin - 1870 - 298 páginas
...remaining unpaid : provided, always, that any company may declare dividends not exceeding ten per cent on its capital stock in any one year that shall have...of its capital stock and of such dividends, and all actual outstanding liabilities equal to one-half of all premiums on risks not terminated at the time...
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The American Exchange and Review, Volumen17

1870 - 500 páginas
...increase of capital has been made, is as follows: — "And whenever any company formed under this law shall have accumulated and be in possession of a fund,...in addition to the amount of its capital stock and all actual outstanding liabilities, in excess of one-half of the amount of all premiums on risks not...
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The Insurance Law Journal, Volumen1

1871 - 764 páginas
...not exceeding fifteen per cent, on its capital stock in any one year, that possesses an accumuulated fund in addition to the amount of its capital stock, and of such dividend, and all actual outstanding liabilities, equal to onehalf of the amount of all premiums on...
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Pamphlets on Insurance, Volumen1

1872 - 750 páginas
...premiums. * * * * " Provided, always, that any company may declare dividends not exceeding ten ' per cent, on its capital stock, in any one year, that shall...addition to the amount of its capital stock, 'and of such dividend, and all actual outstanding liabilities, equal to one-half ' of the amount of all premiums...
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