A captive insurer shall not be required to join a rating organization.
(Mar. 17, 2005, D.C. Law 15-262, § 19, 52 DCR 1205; Mar. 10, 2015, D.C. Law 20-203, § 2(l), 61 DCR 12572.)
This section is referenced in § 31-3932.03.
The 2015 amendment by D.C. Law 20-203 substituted “shall not be required” for “shall not required.”
For temporary (90 day) addition of section, see § 19 of Captive Insurance Company Emergency Act of 2004 (D.C. Act 15-640, November 30, 2004, 52 DCR 1238).
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 39A - Captive Insurance Companies (2004)
§ 31–3931.02. Authority to do business; prohibited activities
§ 31–3931.03. Organizational requirements for transacting business; incorporation
§ 31–3931.04. Protected cell captive insurers
§ 31–3931.05. Liquidation and rehabilitation of protected cells
§ 31–3931.06. Capital and surplus
§ 31–3931.09. Application requirements
§ 31–3931.11. Requirements for transacting business
§ 31–3931.12. Tax on premiums collected
§ 31–3931.14. Financial examination
§ 31–3931.15. Revocation, suspension, or fine
§ 31–3931.18. Rating organization
§ 31–3931.19. Captive insurance regulatory and supervision trust account