District of Columbia Statutes
§ 31-4416 — Mutual companies — Corporations, boards, or associations as agents or members thereof.
Public or private corporations, boards, or associations of the District or elsewhere may make applications, enter into agreements for, hold policies in, and become members of mutual companies. Any officer, stockholder, trustee, or legal representative of any such corporation, board, association, or of an estate may be recognized as acting for or on its behalf, but shall not be personally liable by reason of acting in such representative capacity.
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District of Columbia § 31-4416 (Mutual companies — Corporations, boards, or associations as agents or members thereof.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 16
Nearby Sections
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§ 31-1001
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Prohibited conduct – student loan servicers.§ 31-106.02b
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Prohibited acts – private education lenders.