Md. Code Ann., Ins. § 4-105.1 – Surplus assets requirements for title insurers | Midpage
§ 4-105.1
Md. Code Ann., Ins. § 4-105.1
Surplus assets requirements for title insurers
Effective Jul 1, 2010Added by Acts 2010, c. 634, § 1, eff. July 1, 2010.State of Maryland
(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.
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:
Added by Acts 2010, c. 634, § 1, eff. July 1, 2010.