Formation — Authority to solicit stock subscriptions or insurance applications

  1. Law
  2. District of Columbia Code
  3. Insurance and Securities
  4. Domestic Life Companies
  5. Formation — Authority to solicit stock subscriptions or insurance applications

Checkout our iOS App for a better way to browser and research.

No person shall solicit subscriptions for the capital stock of or applications for insurance in any such company in course of organization unless he has been duly authorized by the company and a certificate of his authority, duly signed by a principal officer of the company, has been filed with and approved by the Commissioner.

(June 19, 1934, 48 Stat. 1145, ch. 672, ch. III, § 4; May 21, 1997, D.C. Law 11-268, § 10(k), 44 DCR 1730.)

Prior Codifications

1981 Ed., § 35-604.

1973 Ed., § 35-504.

Editor's Notes

Department of Insurance abolished: See Historical and Statutory Notes following § 31-4402.


Download our app to see the most-to-date content.