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

D.C. Code § 31-905: Adoption of revised articles of incorporation.

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Where this section sits in the code
  1. Title 31. Insurance and Securities.
  2. Chapter 9. Insurance Demutualization.

(a)

Adoption of the revised articles of incorporation of the converted stock company is necessary to implement the plan and shall be governed by the applicable provisions of District law.

(b)

For a Class 1 mutual company, the members may adopt the revised articles of incorporation at the same meeting at which the members approve the plan.

(c)

For a Class 2 or 3 mutual company, the revised articles of incorporation may be adopted solely by the board of directors or trustees, as provided by District law.

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

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