27 CAR § 30-192

27 CAR § 30-192. Liquid assets requirements

Length: 63 wordsOfficial source
Any person applying for self-insurance shall possess and continue to possess liquid assets amounting to no less than: (1) Sixty-five thousand dollars ($65,000) if such self-insurance is to cover both property damage and bodily injury; (2) Fifty thousand dollars ($50,000) if such self-insurance is for bodily injury only; or (3) Fifteen thousand dollars ($15,000) if such self-insurance is to cover property damage only.
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