District of Columbia Statutes
§ 31-4417 — Mutual companies — Requirements before doing business.
No domestic mutual company shall transact any business until at least 200 persons shall have subscribed in the aggregate for at least $200,000 of insurance and shall have paid in full 1 annual premium in money upon the insurance so subscribed.
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District of Columbia § 31-4417 (Mutual companies — Requirements before doing business.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 17
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.