District of Columbia Statutes
§ 31-3519 — Reports to directors and trustees.
District of Columbia·Title 31 Insurance and Securities.·Ch. 35 Hospital and Medical Services Corporations Regulation.
The officers or other management of a corporation issued a certificate of authority under this chapter shall report to its board of directors or trustees, no less often than quarterly, regarding any and all transactions or events that have, or are likely to have, a material impact on the operations or financial condition of the corporation.
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Legislative History
Apr. 9, 1997, D.C. Law 11-245, § 20, 44 DCR 1158
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
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Prohibited conduct – student loan servicers.§ 31-106.02b
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Prohibited acts – private education lenders.