D.C. Code § 31-337

Current through codified legislation effective September 18, 2024
Section 31-337 - Sanctions

An insurer or insurance group failing, without just cause, to timely file a Corporate Governance Annual Disclosure as required in this act, after notice and hearing, may be fined up to $1,000 per day, with a maximum penalty of $25,000, or have its certificate of authority suspended, revoked, or denied renewal.

D.C. Code § 31-337

Added by D.C. Law 24-26,§ 8, 68 DCR 007994, eff. 9/22/2021.