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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 31-4331: Assessment companies prohibited.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 43. Department of Insurance, Securities, And Banking with Respect to Life Companies.

Any company which makes insurance or reinsurance the performance of which is not guaranteed by the reserves required by this subdivision, but is contingent upon the payment of assessments or calls made upon its members, shall not be formed, admitted, or licensed in the District.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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