™Your Policy Risk Impact Agent
32 chapters · 914 sections in this title.
D.C. Code § 28-3101 Definitions
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For the purposes of this chapter, the term: (1) “Affiliate” means: (A) A person who directly or indirectly owns, controls, or holds with power to vote 20% or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (i) As a fiduciary …
D.C. Code § 28-3102 Insolvency
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(a) A debtor is insolvent if the sum of the debtor’s debts is greater than all of the debtor’s assets, at a fair valuation. (b) A debtor who is generally not paying his or her debts as they become due is presumed to be insolvent. (c) A partnership is insolvent under subsection (a…
D.C. Code § 28-3103 Value
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(a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred, or an antecedent debt is secured or satisfied. Value does not include an unperformed promise made otherwise than in the ordinary course of the promisor’s bu…
D.C. Code § 28-3104 Transfers fraudulent as to present and future creditors
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(a) A transfer made, or obligation incurred, by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation: (1) With actual intent to …
