District of Columbia Statutes
§ 31-337 — Sanctions.
District of Columbia·Title 31 Insurance and Securities.·Ch. 3A Insurer Corporate Governance Annual Report.
An insurer or insurance group failing, without just cause, to timely file a Corporate Governance Annual Disclosure as required in this chapter , after notice and hearing, may be fined up to $1,000 per day, with a maximum penalty of $25,000, or have its certificate of authority suspended, revoked, or denied renewal.
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