(a) The Commissioner, or any person he or she may appoint, may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in the District in the same manner as authorized for examination of domestic, foreign, or alien insurers. Requirements of notice and an opportunity to respond before findings are made public as provided in the laws regulating insurers shall also be applicable to the examination of societies.
(b) The expense of each examination and of each valuation, including compensation and actual expense of examiners, shall be paid by the society examined or whose certificates are valued, upon statements furnished by the Commissioner.
(Apr. 29, 1998, D.C. Law 12-86, § 1226, 45 DCR 1172.)
1981 Ed., § 35-1255.
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 53 - Fraternal Benefit Societies
§ 31–5302. Operation for benefit of members and their beneficiaries; bylaws
§ 31–5303. Qualifications for membership
§ 31–5305. Liability of officers and members
§ 31–5307. Organization of societies
§ 31–5309. Operations of nonprofit institutions
§ 31–5311. Consolidations and mergers
§ 31–5312. Conversion of fraternal benefit society into a mutual life insurance company
§ 31–5315. Benefits not attachable
§ 31–5317. Nonforfeiture benefits, cash surrender values, certificate loans, and other options
§ 31–5321. Applicability of provisions
§ 31–5322. Valuation standards for certificates
§ 31–5325. Examination of societies; no adverse publications
§ 31–5326. Foreign or alien society; admission
§ 31–5327. Injunction; liquidation; receivership of domestic society
§ 31–5328. Suspension; revocation or refusal of license of foreign or alien society
§ 31–5330. Licensing of agents
§ 31–5331. Unfair methods of competition; unfair and deceptive acts and practices