D.C. Code § 31-5031.05

Current through codified legislation effective October 30, 2024
Section 31-5031.05 - Minimum capital and surplus requirements

Before being licensed to do an insurance business in the District, a title insurer shall establish and maintain a minimum paid-in capital of not less than $500,000 and paid-in initial surplus of at least $500,000, for a total minimum capital and surplus total of at least $1 million.

D.C. Code § 31-5031.05

Sept. 24, 2010, D.C. Law 18-223, § 2146, 57 DCR 6242.