§412:3-306 - Paid-in capital and surplus.
§412:3-306 Paid-in capital and surplus. (a) Every nondepository financial services loan company conducting business under the laws of this State shall at all times have paid-in capital and surplus of not less than $500,000.
(b) The initial paid-in capital and surplus of every nondepository financial services loan company shall be in money. [L 1993, c 350, pt of §1; am L 1996, c 63, §5]