District of Columbia Statutes

§ 31-4417 — Mutual companies — Requirements before doing business.

District of Columbia § 31-4417
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 44Domestic Life Companies.

This text of District of Columbia § 31-4417 (Mutual companies — Requirements before doing business.) 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 § 31-4417 (2026).

Text

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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Legislative History

June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 17

Nearby Sections

15
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Bluebook (online)
District of Columbia § 31-4417, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-4417.