District of Columbia Statutes
§ 31-756 — Applicability; membership interest; powers.
District of Columbia § 31-756
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 7Holding Companies.
Subch. IIIReciprocal Insurance Company Conversion.
This text of District of Columbia § 31-756 (Applicability; membership interest; powers.) 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 § 31-756 (2026).
Text
(a)A membership interest in a mutual insurance holding company shall not constitute an equity security as defined in § 31-603 .
(b)A mutual insurance holding company created under this subchapter shall have the same powers to borrow or assume liability as a reciprocal insurance company organized under District law.
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Legislative History
May 12, 1998, D.C. Law 12-112, § 7, 45 DCR 1792
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.Cite This Page — Counsel Stack
Bluebook (online)
District of Columbia § 31-756, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-756.