Md. Code, Ins. § 4-104.1

Current with changes from the 2024 Legislative Session

Section 4-104.1 - Capital stock requirements -Title insurer

Notwithstanding the provisions of § 4-104 of this subtitle, a title insurer domiciled in this State shall have and maintain paid-in capital stock with a fixed nominal or par value in the amount of:

(1) $500,000 as of July 1, 2010;

(2) $625,000 as of July 1, 2011; and

(3) $750,000 as of July 1, 2012, and each July 1 thereafter.

Md. Code, IN § 4-104.1