{"data":{"id":"us-dc/d.c.-code-31-1317","jurisdiction":"us-dc","citation":"D.C. Code § 31-1317","heading":"Continuance of coverage.","body":"(a)\nAll policies, including bonds and other noncancellable business, other than life or health insurance or annuities, in effect at the time of issuance of an order of liquidation shall continue in force only for the lesser of:\n(1)\nA period of 30 days from the date of entry of the liquidation orders;\n(2)\nThe expiration of the policy coverage;\n(3)\nThe date when the insured has replaced the insurance coverage with equivalent insurance in another insurer or otherwise terminated the policy;\n(4)\nThe liquidator has effected a transfer of the policy obligation pursuant to § 31-1319(a)(9); or\n(5)\nThe date proposed by the liquidator and approved by the court to cancel coverage.\n\n(b)\nAn order of liquidation under § 31-1316 shall terminate coverages at the time specified in subsection (a) of this section for purposes of any other statute.\n\n(c)\nPolicies of life or health insurance or annuities shall continue in force for such a period and under the terms provided for by any applicable guaranty association or foreign guaranty association.\n\n(d)\nPolicies of life or health insurance or annuities or any period or coverage of any policies not covered by a guaranty association or foreign guaranty association shall terminate under subsections (a) and (b) of this section.","path":["Title 31. Insurance and Securities.","Chapter 13. Insurers Rehabilitation and Liquidation Procedures."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-1317","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"c903448f6dd98952240610959f774966dafc30d4115a5d737954cab73f402fee","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-1316","next":"us-dc/d.c.-code-31-1318"},"notice":"GroundRules: Original legal text. Not legal advice."}
