§ 27-2.6-7. Minimum capital and surplus requirements. Before being licensed to do insurance business in this state, a title insurer shall establish and maintain a minimum paid-in capital of not less than five hundred thousand dollars ($500,000) and, in addition, paid-in initial surplus of at least five hundred thousand dollars ($500,000).
History of Section. (P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.)
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