District of Columbia Statutes

§ 31-4404 — Formation — Authority to solicit stock subscriptions or insurance applications.

District of Columbia·Title 31 Insurance and Securities.·Ch. 44 Domestic Life Companies.
No person shall solicit subscriptions for the capital stock of or applications for insurance in any such company in course of organization unless he has been duly authorized by the company and a certificate of his authority, duly signed by a principal officer of the company, has been filed with and approved by the Commissioner.

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Legislative History

June 19, 1934, 48 Stat. 1145, ch. 672, ch. III, § 4; May 21, 1997, D.C. Law 11-268, § 10(k), 44 DCR 1730

Nearby Sections

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