{"data":{"id":"us-dc/d.c.-code-31-2502.20","jurisdiction":"us-dc","citation":"D.C. Code § 31-2502.20","heading":"Authority to transact business — Foreign or alien companies.","body":"Upon complying with the provisions of this chapter, a foreign or alien company organized as a stock, mutual, or reciprocal company, or as a Lloyd’s organization, but not otherwise, may be authorized by certificate of authority to transact in the District the kind or kinds of business which a domestic company similarly organized may be authorized to transact under this chapter. Such certificate of authority shall be issued as provided under § 31-2502.02. The issuance of a certificate of authority to a Lloyd’s organization shall be subject to the provisions of § 31-2502.20a. Any company chartered by special act of the legislature of its state of domicile prior to the effective date of this chapter, as provided in § 48 of this act, as a company without capital stock but doing business exclusively on the stock plan and maintaining at all times a surplus of not less than $300,000 shall, in the administration of this chapter, be considered as a stock company.","path":["Title 31. Insurance and Securities.","Chapter 25. Fire, Casualty, and Marine Insurance.","Subchapter II. Powers and Duties of the Commissioner."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-2502.20","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"3059dd2ebd1d6e9b798b3ab20717e8ac5c95c3c076ef78861dbaedaecc5e52ba","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-2502.19","next":"us-dc/d.c.-code-31-2502.20a"},"notice":"GroundRules: Original legal text. Not legal advice."}