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§ 4-104.1. Capital stock requirements for title insurers

West's Annotated Code of MarylandInsuranceEffective: July 1, 2010

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 4. General Requirements for Insurers
Subtitle 1. Certificates of Authority (Refs & Annos)
Effective: July 1, 2010
MD Code, Insurance, § 4-104.1
§ 4-104.1. Capital stock requirements for title insurers
Currentness
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.

Credits

Added by Acts 2010, c. 634, § 1, eff. July 1, 2010.
MD Code, Insurance, § 4-104.1, MD INSURANCE § 4-104.1
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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