District of Columbia Statutes

§ 31-4421 — Directors — Annual election; qualifications; limitation on proxies.

District of Columbia § 31-4421
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 44Domestic Life Companies.

This text of District of Columbia § 31-4421 (Directors — Annual election; qualifications; limitation on proxies.) 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 § 31-4421 (2026).

Text

The stock, property, and business of every company organized under this subdivision shall be managed by the directors who shall, except for the 1st year, be annually elected, at such time and place as shall be determined by the bylaws of the company. All proxies used in the election of directors of such companies shall be valid for a period not exceeding 1 year from the election for which they were signed and in which they were authorized to be voted.

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Legislative History

June 19, 1934, 48 Stat. 1149, ch. 672, ch. III, § 21; Mar. 8, 2007, D.C. Law 16-232, § 205(b)(2), 54 DCR 368

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Bluebook (online)
District of Columbia § 31-4421, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-4421.