District of Columbia Statutes

§ 31-905.01 — Acquiring, offering securities issued in connection with a plan of conversion.

District of Columbia § 31-905.01
JurisdictionDistrict of Columbia
Title 31Insurance and Securities.
Ch. 9Insurance Demutualization.

This text of District of Columbia § 31-905.01 (Acquiring, offering securities issued in connection with a plan of conversion.) 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 § 31-905.01 (2026).

Text

Prior to implementation of a plan of conversion adopted by a mutual company, no person shall knowingly acquire, or make any offer, or make any announcement of an offer, for any security issued, or to be issued, by the mutual company in connection with its plan of conversion, or for any security issued by any other company authorized as an alternative for purposes of effecting the conversion pursuant to § 31-906(e) , except in compliance with the maximum purchase limitations imposed by § 31-906(l) or the terms of the plan of conversion as approved by the Commissioner.

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Legislative History

May 24, 1996, D.C. Law 11-126, § 6a, 43 DCR 1551; as added July 17, 1999, D.C. Law 13-13, § 2(a), 46 DCR 4428

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District of Columbia § 31-905.01, Counsel Stack Legal Research, https://law.counselstack.com/statute/dc/31-905.01.