An insurance company must hold the reserves; it can hold more and that's called the statutory surplus.
保险公司必须持有准备金,可以提取更多准备金,这叫做法定盈余
In fact, by the late '90s they're just surplus. -Right.
事实上,90年代末期,甚至还出现了财政盈余,-没错。
Such states, of course, did not need a bureaucracy for there were no vast royal or state holdings that needed management and not much economic surplus to support a bureaucratic class.
国家无需官僚体制,因为没有庞大的皇室家族,和国家财富需要管理,也没多少经济盈余能够维持官僚阶级
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