Minimum capital and surplus definition

Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth,

Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth, a particular insurer must have to obtain and maintain its license to transact business in this Commonwealth pursuant to the applicable provisions of this title. In no case shall an insurer's minimum capital and surplus be less than zero.

Minimum capital and surplus means the minimum amount of capital stock and minimum amount of surplus required of an insurer under Section 822.054 or 822.210.

Examples of Minimum capital and surplus in a sentence

• The Litter (Increased Infringement Fee) Amendment Bill to increase the maximum fine to$1,000 is currently at Select Committee.

• The Act enables council to remove or correctly dispose of litter, request names and addresses of those allegedly involved, and issue an infringement notice.110 There is a maximum $400 infringement fine or maximum $5,000 fine for littering by an individual.111Only the person who physically delivers unaddressed mail can be prosecuted, this excludes the company or person who ordered the delivery.The Litter (Increased Infringement Fee) Amendment Bill is currently being considered at Select Committee.

• Applicants for all job positions, or for new positions or new assignments, including promotion or demotion, will be required to undergo testing for drugs and alcohol upon a conditional offer, or prior to or promptly upon a change of duties or new assignment.

• The rules include:• Tightened accounting rules, including imposition of risk-based capital testing; • Mandatory annual audits; • Uniform guidelines requiring that investments meet standards for security; • Minimum capital and surplus requirements; and • Independent reviews and spontaneous audits to ensure compliance.

• The Act enables council to remove or correctly dispose of litter, request names and addresses of those allegedly involved, and issue an infringement notice.113 There is a maximum $400 infringement fine or maximum $5,000 fine for littering by an individual.114The Litter (Increased Infringement Fee) Amendment Bill is currently being considered at Select Committee.

• This is optional but it may be helpful if you plan to use the collaborative support tools within the course.

• The Infringement Fee shall be due to Licensor within thirty (30) days of receipt of the Infringement Fee by Licensee.

• As of the date of this Agreement, Parent has no knowledge of any facts or circumstances that are reasonably likely to result in (i) any of the conditions set forth in the Commitment Letter not being satisfied or (ii) the funding contemplated in the Commitment Letter not being made available to Parent on a timely basis in order to consummate the transactions contemplated by this Agreement.

• In such an event, TELIGENT will promptly provide access or correct the safety problem.

• The Act enables council to remove or correctly dispose of litter, request names and addresses of those allegedly involved, and issue an infringement notice.108 There is a maximum $400 infringement fine or maximum $5,000 fine for littering by an individual.109The Litter (Increased Infringement Fee) Amendment Bill is currently being considered at Select Committee.

More Definitions of Minimum capital and surplus

Minimum capital and surplus means the minimum

Minimum capital and surplus means the minimum surplus to policyholders a particular insurer must

Minimum capital and surplus has the meaning set forth in Section 8.08.

Minimum capital and surplus means the greater of (i) that minimum unimpaired capital and surplus that Reinsurer is required to maintain pursuant to Haw. Rev. Stat. 431:19-104, and (ii) one hundred and fifty million dollars ($150,000,000); provided that if, at any time, the Required Collateral Amount is less than twenty-five million dollars ($25,000,000), “Minimum Capital and Surplus” shall mean that minimum unimpaired capital and surplus that Reinsurer is required to maintain pursuant to Haw. Rev. Stat. 431:19-104.

Minimum capital and surplus means the minimum surplus to policyholders, or minimum net worth, a particular insurer must have to obtain and maintain its license to transact business in this