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Statutes Text

Article - Insurance




§4–104.1.

    Notwithstanding the provisions of § 4–104 of this subtitle, a title insurer domiciled in this State shall have and maintain paid–in capital stock with a fixed nominal or par value 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.



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