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

D.C. Code § 31-4433: Classification of risks and members, payment of dividends, and creation of surplus by mutual companies.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 44. Domestic Life Companies.

A mutual company may, in its articles of incorporation or in its bylaws, provide for the classification of its risks and of its members and for the payment of dividends and for the creation of a surplus.

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

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