District of Columbia § 31-2301 Definitions.

District of Columbia Statutes

§ 31-2301 — Definitions.

District of Columbia § 31-2301

Title 31Insurance and Securities.

Ch. 23United States Branch Domestication of Non-U.S. Insurers.

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Bluebook

D.C. Code § 31-2301 (2026).

Text

For purposes of this chapter, the term:

(1)“Domestication” means the reorganization under this chapter of the United States branch of a Non-U.S. insurer whereby a domestic or foreign insurer acquires all the business and assets and assumes all the liabilities of the branch.

(2)“Domestic insurer” means a stock insurance company incorporated under the laws of the District of Columbia.

(3)“Foreign insurer” means a stock insurance company incorporated under the laws of any other state of the United States.

(4)“Non-U.S. insurer” means a stock insurance company organized under the laws of a foreign country.

(5)“United States branch” means the business unit through which business is transacted within the United States by a Non-U.S. insurer and the assets and liabilities of the insurer w

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For purposes of this chapter, the term:

(1) “Domestication” means the reorganization under this chapter of the United States branch of a Non-U.S. insurer whereby a domestic or foreign insurer acquires all the business and assets and assumes all the liabilities of the branch.

(2) “Domestic insurer” means a stock insurance company incorporated under the laws of the District of Columbia.

(3) “Foreign insurer” means a stock insurance company incorporated under the laws of any other state of the United States.

(4) “Non-U.S. insurer” means a stock insurance company organized under the laws of a foreign country.

(5) “United States branch” means the business unit through which business is transacted within the United States by a Non-U.S. insurer and the assets and liabilities of the insurer within the United States pertaining to such business.