Title 47 — Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
61 chapters · 1,826 sections in this title.
D.C. Code § 47-2601 Definitions
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For the purposes of this chapter, the term: (1) “Alien” means organized under the laws of any country other than the United States or a territory or insular possession of the United States. (2) “District” means the District of Columbia. (3) “Domestic” means organized under the la…
D.C. Code § 47-2602 Domicile of insurer organized in foreign country
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Except for insurers organized under the laws of Canada, the domicile of an insurer organized or formally located in a foreign country shall be the insurer’s principal place of business in the United States of America. The domicile of a Canadian insurer shall be the Canadian provi…
D.C. Code § 47-2603 Licenses; fee; term
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(a) On and after the first day of September 1937, every domestic, foreign, or alien company organized as a stock, mutual, reciprocal, Lloyd’s fraternal, or any other type of insurance company or association, before issuing contracts of insurance against loss of life or health, or…
D.C. Code § 47-2604 Penalty for engaging in business without license or certificate of authority
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Any such company issuing contracts of insurance in the District of Columbia, without first having obtained license or certificate of authority from the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking] so to do, shall …
D.C. Code § 47-2605 Prosecutions
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All prosecutions for violations of this chapter shall be in the Superior Court of the District of Columbia by the Attorney General for the District of Columbia or any of his assistants.
D.C. Code § 47-2606 Annual statements; filing fee
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Each of such companies shall file an annual statement, in the form prescribed by the Superintendent, before March 1 of each year, of its operations for the year ending December 31 immediately preceding. Such statement shall be verified by oath of the president and secretary or in…
D.C. Code § 47-2607 Revocation of license for failure to file statement
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If any such company shall fail to file the annual statement herein required, the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking] may thereupon revoke its license or certificate of authority to transact business in th…
D.C. Code § 47-2608 Rates on insurance companies; exceptions; marine insurance excluded; payment schedule; revocation of certificate of authority for failure to pay tax
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(a)(1) Except as provided in paragraph (1A) of this subsection, all such companies, including companies which issue annuity contracts, shall also pay to the District of Columbia, for each calendar year, a sum of money as taxes equal to 1.7% of their policy and membership fees and…
D.C. Code § 47-2608.01 Health service corporations
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Repealed Repealed.
D.C. Code § 47-2609 Liability for failure to pay tax
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If any such company shall fail to pay the tax herein required, it shall be liable to the District of Columbia for the amount thereof, and in addition thereof a penalty of 8% per month thereafter until paid.
D.C. Code § 47-2610 Reciprocity
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(a)(1) When a state or foreign country charges domestic companies aggregate taxes and fees which exceed the aggregate taxes and fees that the District charges under the same circumstances, then the Mayor may charge, in retaliation, the same taxes and fees to companies of the stat…
D.C. Code § 47-2611 Exemption of nonprofit relief associations
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Nothing contained in this chapter shall apply to any relief association, not conducted for profit, composed solely of officers and enlisted men of the United States Army, Navy, or Air Force, or solely of employees of any other branch of the United States government service or sol…