Statutes, codes, and regulations
District of Columbia Official Code
Division V - LOCAL BUSINESS AFFAIRSTitle 31 - INSURANCE AND SECURITIESSubtitle III - FIRE, CASUALTY, MARINE, MOTOR VEHICLE AND RELATED INSURANCEChapter 25 - FIRE, CASUALTY, AND MARINE INSURANCE
Subchapter II - POWERS AND DUTIES OF THE COMMISSIONER
Section 31-2502.05 - Receivership proceedings. [Repealed]

D.C. Code § 31-2502.05

Download
PDF
Current through codified legislation effective October 30, 2024
Section 31-2502.05 - Receivership proceedings. [Repealed]

D.C. Code § 31-2502.05

Oct. 15, 1993, D.C. Law 10-35, § 59(b), 40 DCR 5773.

D.C. Law 10-76 and D.C. Law 10-103 purported to amend former § 35-1508 1981 Ed. by rewriting (a)(1)(D).

D.C. Law 10-103, § 7(b) ( 41 DCR 1005), eff. April 26, 1994, subsequent to its repeal, amended former § 35-1508(a)(1)(D) 1981 Ed. to read:

"(D) Is determined, pursuant to the Standards to Identify Insurance Companies Deemed to be in Hazardous Financial Condition Act of 1993, to be in such condition that further transaction of business by the company will be hazardous to its policyholders, creditors, or the general public;"