yourstate.us
Home / West Virginia / Insurance
W. Va. Code § 33-15E-5

Minimum capital requirements

West Virginia · West Virginia Code Chapter 33 — Insurance · Status: effective

Get this as JSONEmbed this
Cite this
Citation
W. Va. Code § 33-15E-5, Minimum capital requirements, West Virginia, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2383441
Permanent ID
ys:prov:2383441@1
SHA-256
1137320f2ced35db1556b0de9cff7c9d02d6433a039fd09cd3541bfb6868ead1

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(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.