{"data":{"id":"us-dc/d.c.-code-31-2502.13","jurisdiction":"us-dc","citation":"D.C. Code § 31-2502.13","heading":"Minimum capital and surplus requirements.","body":"Every stock company authorized to do business in the District shall have and shall at all times maintain a paid-up capital stock of not less than $300,000, and a surplus of not less than $300,000. Every domestic mutual company and every domestic reciprocal company shall have and shall at all times maintain a surplus of not less than $300,000 and every foreign or alien mutual company and every foreign or alien reciprocal company shall have and shall at all times maintain a surplus of not less than $400,000.","path":["Title 31. Insurance and Securities.","Chapter 25. Fire, Casualty, and Marine Insurance.","Subchapter II. Powers and Duties of the Commissioner."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-2502.13","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"f06791b6881d71501168be3486c2e5a0f3e6d83791d22b89d021e276ed53588b","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-2502.12","next":"us-dc/d.c.-code-31-2502.14"},"notice":"GroundRules: Original legal text. Not legal advice."}