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2012 Rhode Island General Laws
Title 27 - Insurance
Chapter 27-2.6 - Rhode Island Title Insurers Act
Chapter 27-2.6-7 - Minimum capital and surplus requirements.


RI Gen L § 27-2.6-7 (2012) What's This?

§ 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.)

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