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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 31-5031.07: Admitted asset standards.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 50A. Title Insurance Insurers.

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.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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