R.I. Gen. Laws § 27-2.6-7

Current through 2024 Public Law 457

Section 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).

P.L. 2010, ch. 58, § 1; P.L. 2010, ch. 66, § 1.