{"data":{"id":"us-dc/d.c.-code-31-5510","jurisdiction":"us-dc","citation":"D.C. Code § 31-5510","heading":"Prevention of insolvencies.","body":"To aid in the detection and prevention of insurer insolvencies:\n\n(1)\nThe board of directors may, upon majority vote:\n(A)\nMake recommendations to the Mayor for the detection and prevention of insurer insolvencies; and\n(B)\nRespond to requests by the Mayor to discuss and make recommendations regarding the status of any member insurer whose financial condition may be hazardous to policyholders or the public. The recommendations shall not be considered public documents.\n\n(2)\nThe board of directors may, at the conclusion of any domestic insurer insolvency in which the Association was obligated to pay covered claims, prepare a report on the history and causes of the insolvency, based on the information available to the Association, and submit the report to the Mayor.","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/31-5510","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"9581fa68801115baf6bc3807c2e7111549f8c8e7a92492128306e8487a442125","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-5509","next":"us-dc/d.c.-code-31-5511"},"notice":"GroundRules: Original legal text. Not legal advice."}
