{"data":{"id":"us-dc/d.c.-code-31-5503","jurisdiction":"us-dc","citation":"D.C. Code § 31-5503","heading":"Creation of the Association.","body":"There is created a nonprofit unincorporated legal entity to be known as the District of Columbia Insurance Guaranty Association. All insurers defined as member insurers in § 31-5501(9) shall be and remain members of the Association as a condition of their authority to transact insurance in the District. The Association shall perform its functions under a plan of operation established and approved under § 31-5506 and shall exercise its powers through a board of directors established under § 31-5504. For purposes of administration and assessment, the Association shall be divided into 3 separate accounts:\n\n(1)\nThe workmen’s compensation insurance account;\n\n(2)\nThe automobile insurance account; and\n\n(3)\nThe account for all other insurance to which this chapter applies.","path":["Title 31. Insurance and Securities.","Chapter 55. Property and Liability Insurance Guaranty Association."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-5503","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"ce71df1d08a344584f75ecf4b73377e064330a871b02a79b96a98f82f8facffc","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-5502","next":"us-dc/d.c.-code-31-5504"},"notice":"GroundRules: Original legal text. Not legal advice."}