GroundRules
W. Va. Code § 33-15E-5: Minimum capital requirements.
Where this section sits in the code
- CHAPTER 33. INSURANCE.
- ARTICLE 15E. DISCOUNT MEDICAL PLAN ORGANIZATIONS AND DISCOUNT PRESCRIPTION DRUG PLAN ORGANIZATIONS ACT.
(a) Before the commissioner issues a license to any person required to obtain a license under section four of this article, the person seeking to operate a discount medical plan organization shall demonstrate that it has a positive net worth of at least $150,000.
(b) Each discount medical plan organization shall at all times maintain a positive net worth of at least $150,000.
Collected 2026-09-06T00:28:32Z. Source file · JSON