D.C. Code § 31-5031.07

Admitted asset standards.

Last amended: 2010Year: 2026Length: 104 wordsOfficial source
In determining the financial condition of a domestic title insurer doing business under this chapter, the general investment provisions of the Chapter 13A of this title [ §  31-1371.01 et seq. ], shall apply; provided, that: (1) An investment in a title plant or plants in an amount equal to the actual cost shall be allowed as an admitted asset for title insurers; and (2) The aggregate amount of the investment shall not exceed the lesser of 20% of admitted assets or 40% of surplus to policyholders, as shown on the most recent annual statement of the title insurer on file with the Commissioner.
D.C. Code § 31-5031.07: Admitted asset standards. | Justis AI