District of Columbia Statutes
§ 31-1805 — Duties of insurers utilizing the services of a reinsurance intermediary-broker.
District of Columbia § 31-1805
This text of District of Columbia § 31-1805 (Duties of insurers utilizing the services of a reinsurance intermediary-broker.) 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 § 31-1805 (2026).
Text
(a)An insurer shall not engage the services of any person, firm, association, or corporation to act as a reinsurance broker on its behalf unless the person is licensed as required by § 31-1802(a) .
(b)An insurer may not employ an individual who is employed by a reinsurance broker with which it transacts business, unless the reinsurance broker is under common control with the insurer and subject to Chapter 7 of this title .
(c)The insurer shall annually obtain a copy of statements of the financial condition of each reinsurance broker with which it transacts business.
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Legislative History
Oct. 21, 1993, D.C. Law 10-47, § 6, 40 DCR 6093
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 § 31-1805, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-1805.