{"data":{"id":"us-dc/d.c.-code-31-2502.25","jurisdiction":"us-dc","citation":"D.C. Code § 31-2502.25","heading":"Premiums of mutual companies.","body":"The maximum premium shall be expressed in the policy of a mutual company, and it may be solely a cash premium, or may be a cash premium and an additional contingent premium, which contingent premium shall be not less than the cash premium, but no mutual company, except as otherwise provided in § 31-2502.14, shall issue any policy for a cash premium without an additional contingent premium until and unless it possesses a surplus of not less than $600,000.","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/31-2502.25","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"2089308aca3e3f986a077db234b4f202499b5c42d88f43afafdbcfb8a0c0dd40","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-2502.24","next":"us-dc/d.c.-code-31-2502.26"},"notice":"GroundRules: Original legal text. Not legal advice."}
