§412:3-306  Paid-in capital andsurplus.  (a)  Every nondepository financial services loan companyconducting business under the laws of this State shall at all times havepaid-in capital and surplus of not less than $500,000.

(b)  The initial paid-in capital and surplus ofevery nondepository financial services loan company shall be in money. [L 1993,c 350, pt of §1; am L 1996, c 63, §5]