Section 58-9-6 - Minimum capitalA. A certificate shall not be issued to an applicant for certification pursuant to the Trust Company Act having capital of less than five hundred thousand dollars ($500,000).B. The minimum capital requirement shall be waived for nonprofit corporations.1953 Comp., § 48-24-6, enacted by Laws 1973, ch. 191, § 6; 1991, ch. 250, § 2; 2013, ch. 88, § 3; 2013, ch. 97, § 3.Amended by 2018, c. 64,s. 4, eff. 7/1/2018.Amended by 2013, c. 97,s. 3, eff. 6/14/2013.Amended by 2013, c. 88,s. 3, eff. 6/14/2013.