20-1559. Mortgage guaranty insurers; dividend
payment


A. Notwithstanding section 20-722, a domestic mortgage guaranty insurance company
may pay dividends out of any available surplus monies if the mortgage guaranty insurance
company continues to comply with the policyholder surplus and reserve requirements under
this article.


B. The payment of a dividend by a domestic mortgage guaranty insurance company is
subject to the requirements of section 20-481.19.


C. A domestic mortgage guaranty insurance company shall maintain sufficient
liquidity.