Any company which makes insurance or reinsurance the performance of which is not guaranteed by the reserves required by this subdivision, but is contingent upon the payment of assessments or calls made upon its members, shall not be formed, admitted, or licensed in the District.
(June 19, 1934, 48 Stat. 1142, ch. 672, ch. II, § 32; May 4, 1950, 64 Stat. 104, ch. 157, § 3.)
1981 Ed., § 35-431.
1973 Ed., § 35-431.
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 43 - Department of Insurance, Securities, And Banking with Respect to Life Companies
§ 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
§ 31–4306. Annual financial statement — Forms to be furnished by Superintendent. [Repealed]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 [Repealed]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 [Repealed]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 [Repealed]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
§ 31–4318. Examinations; reports; expenses. [Repealed]
§ 31–4320. Companies deemed insolvent [Repealed]
§ 31–4321. Reinsurance by Superintendent [Repealed]
§ 31–4322. Valuation of securities. [Repealed]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 Brokers; issuance, revocation and renewal of required license; violations [Repealed]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