Domestic Life Companies

  1. Law
  2. District of Columbia Code
  3. Insurance and Securities
  4. Domestic Life Companies

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Section
31–4401

Formation — Required contents of articles of incorporation

Section
31–4402

Formation — Filing, notice and bond requirements

Section
31–4403

Formation — Corporate powers during completion of organization; issuance of certificate of authority

Section
31–4404

Formation — Authority to solicit stock subscriptions or insurance applications

Section
31–4405

Formation — Disposition of sums paid upon stock subscriptions

Section
31–4406

Formation — Examination of company; revocation and reinstatement of company’s permit or agent’s authority

Section
31–4407

Formation — Time limitation for issuance of policies

Section
31–4408

Minimum capital and surplus requirements

Section
31–4409

Amendment of articles of incorporation

Section
31–4410

Increase of capital stock

Section
31–4411

Decrease of capital stock

Section
31–4412

Liability of stockholders; rights of fiduciary stockholders and persons pledging stock

Section
31–4413

Payments for capital stock

Section
31–4414

Capital stock transfers

Section
31–4415

Capital stock records

Section
31–4416

Mutual companies — Corporations, boards, or associations as agents or members thereof

Section
31–4417

Mutual companies — Requirements before doing business

Section
31–4418

Reincorporation of existing corporations

Section
31–4419

Conversion of stock companies into mutual life companies

Section
31–4420

Applicability of provisions to existing corporations

Section
31–4421

Directors — Annual election; qualifications; limitation on proxies

Section
31–4422

Directors — Power to make bylaws

Section
31–4423

Directors — General election procedure

Section
31–4424

Directors — Cumulative voting in stock company election

Section
31–4425

Voting powers under group policies

Section
31–4426

Liability of directors

Section
31–4427

Salaries to be authorized by directors

Section
31–4428

Limitation of payments to stockholders and policyholders

Section
31–4429

Election or appointment of officers; required security

Section
31–4430

Officers and directors not to be pecuniarily interested in transactions

Section
31–4431

Voting-trust agreements

Section
31–4432

Maximum and contingent premiums of mutual companies. [Repealed]

Section
31–4433

Classification of risks and members, payment of dividends, and creation of surplus by mutual companies

Section
31–4434

Power of mutual company to borrow or assume liability

Section
31–4435

Investments and loans. [Repealed]

Section
31–4436

Domestic company real-estate holdings. [Repealed]

Section
31–4437

Reinsurance by domestic companies in authorized companies. [Repealed]

Section
31–4438

Reinsurance of risks. [Repealed]

Section
31–4439

Vouchers or affidavits as evidence of disbursements

Section
31–4440

Manner of keeping books, records, accounts, and vouchers

Section
31–4441

Acquisition of own capital stock. [Repealed]

Section
31–4442

Variable or modified guaranteed contracts

Section
31–4443

Effect of merger or consolidation

Section
31–4444

Procedure for merger of domestic companies

Section
31–4445

Procedure for consolidating domestic companies

Section
31–4446

Merger or consolidation of domestic and foreign companies

Section
31–4447

Merger or consolidation — Approval by Mayor

Section
31–4448

Merger or consolidation — Procedures before voting

Section
31–4449

Merger or consolidation — Approval by shareholders

Section
31–4450

Merger or consolidation — Rights of dissenting shareholders

Section
31–4451

Articles of merger or consolidation

Section
31–4452

Date merger or consolidation completed