Every stock company authorized to do business in the District shall have and shall at all times maintain a paid-up capital stock of not less than $300,000, and a surplus of not less than $300,000. Every domestic mutual company and every domestic reciprocal company shall have and shall at all times maintain a surplus of not less than $300,000 and every foreign or alien mutual company and every foreign or alien reciprocal company shall have and shall at all times maintain a surplus of not less than $400,000.
D.C. Code § 31-2502.13
Independent certified public accountant, report demonstrating minimum capital and surplus requirement, see § 31-308 . Security, guarantee, indemnity, loan, and mortgage business, capital stock, see § 26-1301 . Surplus required for operation under Lloyd's plan, see § 31-2502.20 a. .