D.C. Code § 31-4416

Current through codified legislation effective September 18, 2024
Section 31-4416 - Mutual companies - Corporations, boards, or associations as agents or members thereof

Public or private corporations, boards, or associations of the District or elsewhere may make applications, enter into agreements for, hold policies in, and become members of mutual companies. Any officer, stockholder, trustee, or legal representative of any such corporation, board, association, or of an estate may be recognized as acting for or on its behalf, but shall not be personally liable by reason of acting in such representative capacity.

D.C. Code § 31-4416

June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 16.