District of Columbia Statutes
§ 31-1102 — Definitions.
District of Columbia § 31-1102
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 11Insurance Premium Finance Companies.
This text of District of Columbia § 31-1102 (Definitions.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
D.C. Code § 31-1102 (2026).
Text
For the purposes of this chapter:
(1)The term “insurance premium finance company” means a person engaged in the business of entering into insurance premium finance agreements.
(2)The term “premium finance agreement” means an agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or broker in payment of premiums on an insurance contract together with a service charge as authorized and limited by this chapter.
(3)The term “licensee” means a premium finance company holding a license issued by the Commissioner under this chapter.
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Legislative History
Oct. 9, 1940, ch. 792, ch. III, § 52; Apr. 18, 1966, 80 Stat. 126, Pub. L. 89-403, § 1; May 21, 1997, D.C. Law 11-268, § 10, 44 DCR 1730; Mar. 24, 1998, D.C. Law 12-81, § 29(d), 45 DCR 745
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
Confidentiality.§ 31-101
Definitions.§ 31-103
Functions and duties.§ 31-105
Transfers.§ 31-106
Organization.§ 31-106.01
Student Loan Ombudsman.§ 31-106.02a
Prohibited conduct – student loan servicers.§ 31-106.02b
Affirmative duties – student loan servicers.§ 31-106.02c
Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-1102, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1102.