TITLE 27

Insurance

CHAPTER 27-2.6

Rhode Island Title Insurers Act

SECTION 27-2.6-7



   § 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.)