350No such agreement shall be approved if it appears to the Superintendent that, upon the consummation of the reinsurance, an impairment or deficiency will exist in the balance sheet of the continuing or reinsuring insurer when its liabilities including capital stock, if any, are calculated according to the provisions of this Act.
350No such agreement shall be recommended if it appears to the Superintendent that, upon the consummation of the reinsurance, an impairment or deficiency will exist in the balance sheet of the continuing or reinsuring insurer when its liabilities including capital stock, if any, are calculated according to the provisions of this Act.