§449-5.5  Net capital.  [Section effective January 1, 2014.  For section effective until December 31, 2013, see above.]  The net capital of any corporation engaging in the escrow depository business under this chapter shall not be less than $100,000.  The amount of the minimum net capital of $100,000 shall be maintained at all times by the licensee. [L 1973, c 174, §§1, 2; am L 1976, c 101, §1; am L 2013, c 166, §4]

 

 

Previous Vol10_Ch0436-0474 Next