D.C. Code § 31-4331

Current through codified legislation effective April 20, 2024

Section 31-4331 - Assessment companies prohibited

Any company which makes insurance or reinsurance the performance of which is not guaranteed by the reserves required by this subdivision, but is contingent upon the payment of assessments or calls made upon its members, shall not be formed, admitted, or licensed in the District.

D.C. Code § 31-4331

June 19, 1934, 48 Stat. 1142, ch. 672, ch. II, § 32; May 4, 1950, 64 Stat. 104, ch. 157, § 3.