District of Columbia § 31-2304 Authorization and execution of domestication agreement.

District of Columbia Statutes

§ 31-2304 — Authorization and execution of domestication agreement.

District of Columbia § 31-2304

Title 31Insurance and Securities.

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

This text of District of Columbia § 31-2304 (Authorization and execution of domestication agreement.) 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 § 31-2304 (2026).

Text

(a)A domestication agreement shall be authorized, adopted, approved, executed, and acknowledged by the Non-U.S. insurer under the laws of the country where it is organized.

(b)A domestication agreement shall also be approved, adopted, and authorized by the acquiring insurer’s board of directors, executed by its president or any vice president, and attested by its secretary or assistant secretary under its corporate seal, or, in the case of a foreign insurer, as otherwise provided in the laws of the state of its organization.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) A domestication agreement shall be authorized, adopted, approved, executed, and acknowledged by the Non-U.S. insurer under the laws of the country where it is organized.

(b) A domestication agreement shall also be approved, adopted, and authorized by the acquiring insurer’s board of directors, executed by its president or any vice president, and attested by its secretary or assistant secretary under its corporate seal, or, in the case of a foreign insurer, as otherwise provided in the laws of the state of its organization.