There shall be no liability on the part of, and no cause of action shall arise against, the Commissioner or the Department of Insurance, Securities, and Banking or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter.
(Apr. 9, 1997, D.C. Law 11-233, § 12, 44 DCR 765; June 11, 2004, D.C. Law 15-166, § 4(l)(3), 51 DCR 2817.)
1981 Ed., § 35-4611.
D.C. Law 15-166 substituted “Department of Insurance, Securities, and Banking” for “Department of Insurance and Securities Regulation”.
For temporary (90 day) amendment of section, see § 4(l)(3) of Consolidation of Financial Services Emergency Amendment Act of 2004 (D.C. Act 15-381, February 27, 2004, 51 DCR 2653).
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 20 - Risk-Based Capital
§ 31–2003. Company Action Level Event
§ 31–2004. Regulatory Action Level Event
§ 31–2005. Authorized Control Level Event
§ 31–2006. Mandatory Control Level Event
§ 31–2008. Confidentiality; prohibition on announcements; prohibition on use in ratemaking