§ 5602 Capital And Surplus Requirements

• •Companies must have a minimum amount of money to start and run.
• •The boss in charge (commissioner) can ask for even more money to make sure the company is safe.
• •This extra money can be used for important things like saving for emergencies or other needs, but the main amount must stay as the company's permanent money.

Starting a new bank

If you want to start a bank, you need to have a certain amount of money saved up. The government might say you need even more money to make sure the bank can handle problems, like if people suddenly want to take out all their money. This extra money can be used for emergencies, but the main amount must always stay in the bank.