Any company which makes insurance or reinsurance the performance of which is not guaranteed by the reserves required by this subdivision, but is contingent upon the payment of assessments or calls made upon its members, shall not be formed, admitted, or licensed in the District.
Assessment companies prohibited
D.C. Code § 31-4331 — under Department of Insurance, Securities, And Banking with Respect to Life Companies..
D.C. Code § 31-4331