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Dissolution or liquidation - 40 Pa. Cons. Stat. § 6334

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     § 6334.  Dissolution or liquidation.
        No professional health service corporation shall be dissolved
     under the provisions of Title 15 (relating to corporations and
     unincorporated associations) or under any other provision of
     law, except with the prior approval of the department. Articles
     of dissolution for a professional health service corporation
     filed in the Department of State, whether pursuant to a decree
     of court liquidating the corporation or otherwise, shall not be
     effective unless and until approved by the Insurance Department.
     Any dissolution or liquidation of a professional health service
     corporation shall be under the supervision of the Insurance
     Department which shall have all powers with respect thereto
     granted to it under the laws of this Commonwealth governing the
     dissolution or liquidation of insurance companies.
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Last modified: November 27, 2007