D.C. Code § 31-2301: Definitions.
Where this section sits in the code
- Title 31. Insurance and Securities.
- Chapter 23. United States Branch Domestication of Non-U.S. Insurers.
For purposes of this chapter, the term:
(1)
“Domestication” means the reorganization under this chapter of the United States branch of a Non-U.S. insurer whereby a domestic or foreign insurer acquires all the business and assets and assumes all the liabilities of the branch.
(2)
“Domestic insurer” means a stock insurance company incorporated under the laws of the District of Columbia.
(3)
“Foreign insurer” means a stock insurance company incorporated under the laws of any other state of the United States.
(4)
“Non-U.S. insurer” means a stock insurance company organized under the laws of a foreign country.
(5)
“United States branch” means the business unit through which business is transacted within the United States by a Non-U.S. insurer and the assets and liabilities of the insurer within the United States pertaining to such business.
Collected 2026-08-29T05:44:07Z. Source file · JSON