D.C. Code § 26-307
Minimum liquid assets required.
Effective May 12, 1998May 12, 1998, D.C. Law 12-111, § 8, 45 DCR 1782
Each applicant shall demonstrate, in a form satisfactory to the Superintendent, [Commissioner] the availability of capital of at least $25,000 for the operation of the business of each location and mobile unit from which the applicant proposes in the application to conduct business. Each licensee shall continuously maintain capital of at least $5,000 for the operation of the business of each location and mobile unit from which the licensee conducts business.
History
May 12, 1998, D.C. Law 12-111, § 8, 45 DCR 1782
Prior Codifications
1981 Ed., § 26-1107.