View all text of Subpart E [§ 1421.400 - § 1421.421]
§ 1421.404 - Financial security.
(a) In order to be approved to handle MALs and LDPs, a DMA must:
(1) Have a current net worth ratio of at least 1:1; and
(2) Provide security equal to $100,000 or a greater amount as determined by CCC.
(b) [Reserved]