District of Columbia Statutes
§ 31-3932.01 — Purpose.
District of Columbia § 31-3932.01
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 39ACaptive Insurance Companies (2004).
Subch. IISpecial Purpose Financial Captive Insurance Companies.
This text of District of Columbia § 31-3932.01 (Purpose.) 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 § 31-3932.01 (2026).
Text
This subchapter provides for the creation of special purpose financial captive insurance companies for the exclusive purpose of facilitating the securitization of one or more risks as a means of accessing alternative sources of capital and achieving the benefits of securitization. Their creation is intended to achieve greater efficiencies in structuring and executing insurance securitizations, to diversify and broaden insurers’ access to sources of capital, to facilitate access for many insurers to insurance securitization and capital markets financing technology, and to further the economic development of the District of Columbia through its captive insurance program.
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Legislative History
Mar. 17, 2005, D.C. Law 15-262, § 201; as added Mar. 14, 2007, D.C. Law 16-285, § 2(b), 54 DCR 944
Nearby Sections
15
§ 31-1001
Report requirement.§ 31-1004
Confidentiality.§ 31-101
Definitions.§ 31-103
Functions and duties.§ 31-105
Transfers.§ 31-106
Organization.§ 31-106.01
Student Loan Ombudsman.§ 31-106.02a
Prohibited conduct – student loan servicers.§ 31-106.02b
Affirmative duties – student loan servicers.§ 31-106.02c
Prohibited acts – private education lenders.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-3932.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-3932.01.