Maryland Statutes
§ 8-413
Maryland § 8-413
This text of Maryland § 8-413 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Insurance § 8-413 (2026).
Text
(a)Each society that applies on or after July 1, 1968, for an initial certificate of authority under this subtitle must have working capital of at least $125,000.
(b)After issuance of its initial certificate of authority, a society described in subsection (a) of this section shall maintain unencumbered assets that exceed all liabilities by $100,000.
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Bluebook (online)
Maryland § 8-413, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/8-413.