§ 910-5. Financial requirements
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 40 P.S. Insurance
40 P.S. § 910-5
§ 910-5. Financial requirements
Every title insurance company shall have a minimum capital, which shall be paid in and maintained, of not less than five hundred thousand dollars ($500,000) and, in addition, paid-in initial surplus at least equal to fifty percent of its capital.
Credits
1921, May 17, P.L. 682, art. VII, § 705, added 1963, Aug. 14, P.L. 922, § 3. Amended 1995, Dec. 21, P.L. 714, No. 79, § 3, effective in 60 days.
40 P.S. § 910-5, PA ST 40 P.S. § 910-5
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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