{"data":{"id":"us-dc/d.c.-code-31-3931.07","jurisdiction":"us-dc","citation":"D.C. Code § 31-3931.07","heading":"Investments.","body":"(a)\nA captive insurer shall file with the Commissioner a schedule of its proposed investments, and any material changes thereto, which the Commissioner may approve if he or she determines that the investments do not threaten the solvency or liquidity of the captive insurer. The Commissioner shall not unreasonably disapprove the investments.\n\n(b)\nA captive insurer or protected cell may make a loan to its parent or affiliated company if the loan:\n(1)\nIs first approved in writing by the Commissioner;\n(2)\nIs evidenced by a note that is in a form that is approved by the Commissioner; and\n(3)\nDoes not include any money that has been set aside as capital or surplus as required by § 31-3931.06(a) or (f).\n\n(c)\nNotwithstanding subsection (b) of this section, a risk retention group licensed as a captive insurer shall be subject to subchapters I, III, and V of Chapter 13A of this title [§§ 31-1371.01 through 31-1371.07, 31-1373.01 through 31-1373.12, and 31-1375.01].","path":["Title 31. Insurance and Securities.","Chapter 39A. Captive Insurance Companies (2004).","Subchapter I. General."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-3931.07","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"83081fd21669734ecad46aea53392f096fc1d28cb1f34d05f2510e3e86b6f5a3","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-3931.06","next":"us-dc/d.c.-code-31-3931.08"},"notice":"GroundRules: Original legal text. Not legal advice."}