District of Columbia Statutes

§ 31-2009 — Supplemental provisions; rules; exemption.

District of Columbia § 31-2009
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 20Risk-Based Capital.

This text of District of Columbia § 31-2009 (Supplemental provisions; rules; exemption.) 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 § 31-2009 (2026).

Text

(a)The provisions of this chapter are supplemental to any other provisions of the laws of the District, and shall not preclude or limit any other powers or duties of the Commissioner under such laws, including, but not limited to, Chapter 13 and Chapter 21 of this title .
(b)The Commissioner may adopt reasonable rules necessary for the implementation of this chapter.
(c)The Commissioner may exempt from the application of this chapter any insurer which;
(1)Writes direct business only in the District;
(2)Writes direct annual premiums of $1 million or less; and
(3)Assumes no reinsurance in excess of 5% of direct premium written.

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Legislative History

Apr. 9, 1997, D.C. Law 11-233, § 10, 44 DCR 765

Nearby Sections

15
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District of Columbia § 31-2009, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-2009.