District of Columbia Statutes

§ 31-5513 — Recognition of assessments in rates.

District of Columbia § 31-5513
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 55Property and Liability Insurance Guaranty Association.

This text of District of Columbia § 31-5513 (Recognition of assessments in rates.) 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 § 31-5513 (2026).

Text

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, and these rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

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Legislative History

Oct. 21, 1993, D.C. Law 10-51, § 14, 40 DCR 6120

Nearby Sections

15
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District of Columbia § 31-5513, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-5513.