(a) The Association shall be subject to examination and regulation by the Mayor.
(b) The Board of Directors shall submit to the Mayor each year, not later than 120 days after the end of the Association’s fiscal year, a financial report in a form approved by the Mayor and a report of its activities during the preceding fiscal year.
(July 22, 1992, D.C. Law 9-129, § 13, 39 DCR 4036.)
1981 Ed., § 35-1952.
Structure District of Columbia Code
Title 31 - Insurance and Securities
Chapter 54 - Life and Health Insurance Guaranty Association
§ 31–5402. Coverage and limitations
§ 31–5403. Creation of the Association
§ 31–5405. Powers and duties of the Association
§ 31–5408. Duties and powers of the Mayor
§ 31–5409. Prevention of insolvencies
§ 31–5410. Credits for assessments paid
§ 31–5412. Examination of the Association; annual report
§ 31–5415. Stay of proceedings; reopening default judgments
§ 31–5416. Prohibited advertisement of Association act in insurance sale; notice to policyholders