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§ 4-104-1 — Maryland Law | CourtGPT
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  3. Maryland/
  4. Title 1 - Definitions; General Provisions/
  5. Title 4 - General Requirements for Insurers/
  6. Subtitle 1 - Certificates of Authority/
  7. § 4-104-1
Maryland Legal Code

§ 4-104-1

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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.