{"data":{"id":"us-dc/d.c.-code-31-756","jurisdiction":"us-dc","citation":"D.C. Code § 31-756","heading":"Applicability; membership interest; powers.","body":"(a)\nA membership interest in a mutual insurance holding company shall not constitute an equity security as defined in § 31-603.\n\n(b)\nA mutual insurance holding company created under this subchapter shall have the same powers to borrow or assume liability as a reciprocal insurance company organized under District law.","path":["Title 31. Insurance and Securities.","Chapter 7. Holding Companies.","Subchapter III. Reciprocal Insurance Company Conversion."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-756","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"acb6959bfa3b5db64746aa3e79576cfea8cb63244e0bbeaf5122c3b1e7de615b","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-755","next":"us-dc/d.c.-code-31-757"},"notice":"GroundRules: Original legal text. Not legal advice."}