Title 31 — Insurance and Securities.
94 chapters · 1,236 sections in this title.
D.C. Code § 31-501 Credit allowed a domestic ceding insurer
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(a)(1) Credit for reinsurance shall be allowed a domestic ceding insurer as either an asset or a reduction from liability on account of reinsurance ceded only when the reinsurer meets the requirements of subsections (b), (c), (d), (e), (f), or (g) of this section. (2) Credit shal…
D.C. Code § 31-502 Reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer
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A reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of § 31-501 shall be allowed in an amount not exceeding the liabilities carried by the ceding insurer, and such a reduction shall be in the amount of fun…
D.C. Code § 31-503 Qualified United States financial institutions
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(a) For purposes of this chapter, the term “qualified United States financial institution” means an institution that: (1) Is organized or, in the case of a United States office of a foreign banking organization, licensed under the laws of the United States or any state; (2) Is re…