§ 4-104.1
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/md/insurance/4-104-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§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.