District of Columbia Statutes

§ 31-4331 — Assessment companies prohibited.

District of Columbia § 31-4331
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 43Department of Insurance, Securities, And Banking with Respect to Life Companies.

This text of District of Columbia § 31-4331 (Assessment companies prohibited.) 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 § 31-4331 (2026).

Text

Any company which makes insurance or reinsurance the performance of which is not guaranteed by the reserves required by this subdivision, but is contingent upon the payment of assessments or calls made upon its members, shall not be formed, admitted, or licensed in the District.

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Legislative History

June 19, 1934, 48 Stat. 1142, ch. 672, ch. II, § 32; May 4, 1950, 64 Stat. 104, ch. 157, § 3

Nearby Sections

15
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District of Columbia § 31-4331, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-4331.