{"data":{"id":"us-dc/d.c.-code-31-1102","jurisdiction":"us-dc","citation":"D.C. Code § 31-1102","heading":"Definitions.","body":"For the purposes of this chapter:\n\n(1)\nThe term “insurance premium finance company” means a person engaged in the business of entering into insurance premium finance agreements.\n\n(2)\nThe term “premium finance agreement” means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or broker in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter.\n\n(3)\nThe term “licensee” means a premium finance company holding a license issued by the Commissioner under this chapter.","path":["Title 31. Insurance and Securities.","Chapter 11. Insurance Premium Finance Companies."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-1102","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"407ba4a6220f83b1f358d7bb79e9e23320f114965dc35400f3e21258603b54a2","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-1101","next":"us-dc/d.c.-code-31-1103"},"notice":"GroundRules: Original legal text. Not legal advice."}