District of Columbia Code
Chapter 43 - Department of Insurance, Securities, And Banking with Respect to Life Companies
§ 31–4330. Contractual rights of minors

Any minor of the age of 15 years or more may, notwithstanding such minority, contract for life, health, and accident insurance on his own life for his or her own benefit or for the benefit of his father, mother, spouse, child, brother, sister, or for the benefit of any person who has the care or custody of said minor or with whom said minor makes his or her home, and may exercise all such contractual rights with respect to any such contract of insurance as might be exercised by a person of full legal age and may at any time surrender his or her interest in any such insurance or give a valid discharge for any benefit accruing or money payable thereunder.
(June 19, 1934, 48 Stat. 1142, ch. 672, ch. II, § 31; Sept. 12, 2008, D.C. Law 17-231, § 28(b), 55 DCR 6758.)
1981 Ed., § 35-430.
1973 Ed., § 35-430.
D.C. Law 17-231 substituted “spouse” for “husband, wife”.

Structure District of Columbia Code

District of Columbia Code

Title 31 - Insurance and Securities

Chapter 43 - Department of Insurance, Securities, And Banking with Respect to Life Companies

§ 31–4301. Department continued; personnel; performance of Commissioner’s duties; seal; Commissioner’s office and papers to be public; Commissioner’s annual reports; out-of-state visits

§ 31–4302. Collection of charges and fees

§ 31–4303. Disposition of excess in fees, charges, or taxes

§ 31–4304. Certificate of authority — Investigation of qualifications; effect; Issuance

§ 31–4305. Certificate of authority — Revocation or suspension; grounds; hearing; alternative penalty

§ 31–4306. Annual financial statement — Forms to be furnished by Superintendent. [Repealed]

§ 31–4307. Annual financial statement — Companies required to file; failure to file; publication of summary [Repealed]

§ 31–4308. Companies or agents not to make or publish false statements. [Repealed]

§ 31–4309. Representation of financial standing—All companies or agents. [Repealed]

§ 31–4310. Representation of financial standing — Alien companies; violations

§ 31–4311. Defamatory or injurious false statements against companies. [Repealed]

§ 31–4312. Commissioner authorized to issue subpoenas; enforcement

§ 31–4313. Enforcement of Commissioner’s orders or actions

§ 31–4314. False statements in application for policy

§ 31–4315. Deposit of securities by companies desiring to transact business — Amount; deposits outside District

§ 31–4316. Deposit of securities by companies desiring to transact business — Type of securities allowed; officials responsible for safekeeping; collection of income; substitution; decline in value

§ 31–4317. Deposit of securities by companies desiring to transact business — Withdrawal upon discontinuance of business or reinsurance

§ 31–4318. Examinations; reports; expenses. [Repealed]

§ 31–4319. Superintendent authorized to take over companies; grounds; procedure; liquidation; special agents and employees; rules and regulations; reports and bonds [Repealed]

§ 31–4320. Companies deemed insolvent [Repealed]

§ 31–4321. Reinsurance by Superintendent [Repealed]

§ 31–4322. Valuation of securities. [Repealed]

§ 31–4323. Service of process; appointment of Superintendent as attorney of companies; violations. [Repealed]

§ 31–4324. Political contributions prohibited; immunity of witnesses in proceedings in regard to violations. [Repealed]

§ 31–4325. General agents, agents, or solicitors; issuance, expiration and renewal of required license; exceptions; termination of employment; information provided Superintendent deemed privileged [Repealed]

§ 31–4326. Suspension or revocation of licenses; grounds; hearing and appeal; alternative penalty [Repealed]

§ 31–4327. Judicial appeals from rulings of Superintendent; procedure; liability of Superintendent in proceedings [Repealed]

§ 31–4328. Brokers; issuance, revocation and renewal of required license; violations [Repealed]

§ 31–4329. Disposition of premiums paid to agents

§ 31–4330. Contractual rights of minors

§ 31–4331. Assessment companies prohibited

§ 31–4332. Appeals from Commissioner to Mayor