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Admitted asset standards.

D.C. Code § 31-5031.07
in effect
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31-5031.07. Admitted asset standards. 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. (Sept. 24, 2010, D.C. Law 18-223, § 2148, 57 DCR 6242.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/31-5031.07Fetched: 10/21/2026

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