West Virginia Statutes
§ 33-15E-5 — Minimum capital requirements
West Virginia § 33-15E-5
JurisdictionWest Virginia
Ch. 33Â INSURANCE
Art. 15EDISCOUNT MEDICAL PLAN ORGANIZATIONS AND DISCOUNT PRESCRIPTION DRUG PLAN ORGANIZATIONS ACT
This text of West Virginia § 33-15E-5 (Minimum capital requirements) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 33-15E-5 (2026).
Text
(a)Before the commissioner issues a license to any person required to obtain a license under section four of this article, the person seeking to operate a discount medical plan organization shall demonstrate that it has a positive net worth of at least $150,000.
(b)Each discount medical plan organization shall at all times maintain a positive net worth of at least $150,000.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
2008 Reg. Sess., HB4404
Nearby Sections
15
§ 33-1-1
Insurance§ 33-1-10
Kinds of insurance defined§ 33-1-11
Reinsurance§ 33-1-12
Agent§ 33-1-13
Solicitor§ 33-1-14
Broker§ 33-1-15
Reciprocal insurance§ 33-1-16
Policy§ 33-1-17
Premium§ 33-1-18
Stock insurer§ 33-1-19
Mutual insurer§ 33-1-2
Insurer§ 33-1-21
Emergency servicesCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 33-15E-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/33/33-15E-5.