District of Columbia Code
Chapter 35 - Hospital and Medical Services Corporations Regulation
§ 31–3516. Conversion to a mutual company

A corporation issued a certificate of authority under this chapter shall not be converted into a mutual insurance company.
(Apr. 9, 1997, D.C. Law 11-245, § 17, 44 DCR 1158; Dec. 9, 2003, D.C. Law 15-56, § 3(b), 50 DCR 9188; Mar. 25, 2009, D.C. Law 17-369, § 2(h), 56 DCR 1346.)
1981 Ed., § 35-4716.
D.C. Law 15-56, in subsec. (b), substituted “company not involving a nonprofit hospital service plan or medical service plan unless” for “company unless”, and added subsec. (b-1).
D.C. Law 17-369 rewrote the section.
For temporary (90 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Emergency Amendment Act of 2002 (D.C. Act 14-457, July 23, 2002, 48 DCR 8132).
For temporary (90 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Congressional Review Emergency Amendment Act of 2002 (D.C. Act 14-513, October 23, 2002, 49 DCR 10475).
For temporary (90 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Congressional Review Emergency Amendment Act of 2003 (D.C. Act 15-8, January 27, 2003, 50 DCR 1473).
For temporary (90 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Emergency Amendment Act of 2003 (D.C. Act 15-205, October 24, 2003, 50 DCR 9845).
For temporary (90 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Second Congressional Review Emergency Amendment Act of 2003 (D.C. Act 15-257, November 25, 2003, 50 DCR 11006).
For temporary (225 day) amendment of section, see § 3(b) of Department of Insurance and Securities Regulation Merger Review Temporary Amendment Act of 2002 (D.C. Law 14-217, March 25, 2003, law notification 50 DCR 2730).

Structure District of Columbia Code

District of Columbia Code

Title 31 - Insurance and Securities

Chapter 35 - Hospital and Medical Services Corporations Regulation

§ 31–3501. Definitions

§ 31–3502. Exclusivity of provisions

§ 31–3503. Applicability of other provisions

§ 31–3504. Application for certificate of authority

§ 31–3505. Requirements for issuance of certificate of authority

§ 31–3505.01. Community health reinvestment

§ 31–3506. Surplus requirements

§ 31–3506.01. Compliance and implementation of community health reinvestment obligations

§ 31–3507. Filing of provider contracts

§ 31–3508. Filing of subscriber contract forms and rates

§ 31–3509. Reserves

§ 31–3510. Investments

§ 31–3511. Surplus notes

§ 31–3512. Group subscriber contract standard provisions

§ 31–3513. Reports

§ 31–3514. Open enrollment. [Repealed]

§ 31–3514.01. Tax and related payments

§ 31–3514.02. Establishment of Healthy DC and Health Care Expansion Fund

§ 31–3515. Conversion to a for-profit entity

§ 31–3516. Conversion to a mutual company

§ 31–3517. Management contracts and service agreements

§ 31–3518. Directors and trustees

§ 31–3519. Reports to directors and trustees

§ 31–3520. Oversight role and fiduciary obligation of directors, officers, and employees

§ 31–3521. Sanctions for violations

§ 31–3522. Appeals

§ 31–3523. General transition provisions

§ 31–3523.01. Regulatory authority

§ 31–3524. Rules and regulations