{"data":{"id":"us-dc/d.c.-code-31-4448","jurisdiction":"us-dc","citation":"D.C. Code § 31-4448","heading":"Merger or consolidation — Procedures before voting.","body":"(a)\n(1)\nAfter approval from the Mayor, the board of directors shall, by resolution, direct that the plan of merger or of consolidation be voted upon at a meeting of the shareholders, the members, or the policyholders of record and entitled to vote.\n(2)\nThe vote may be conducted at either an annual or a special meeting.\n\n(b)\nWritten notice shall be delivered at least 20 days before the meeting, either personally or by mail, to each shareholder, member, or policyholder.\n\n(c)\nThe notice shall state the place, the time, and the purpose of the meeting, and a copy or a summary of the plan of merger or of consolidation shall be delivered with the notice.\n\n(d)\nThe notice shall also summarize dissenting shareholders’ rights under § 31-4450.","path":["Title 31. Insurance and Securities.","Chapter 44. Domestic Life Companies."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-4448","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"c18eb066398c69b14fd41c029e79ac93092301f868b042556afe6b8254e4b814","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-4447","next":"us-dc/d.c.-code-31-4449"},"notice":"GroundRules: Original legal text. Not legal advice."}
