§ 4-105.1. Surplus requirements -- Title insurers

Latest version.

   Notwithstanding the provisions of § 4-105 of this subtitle, a title insurer domiciled in this State shall have and maintain minimum surplus 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.

HISTORY: 2010, ch. 634.

                    
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