94 chapters · 1,017 sections in this title.
D.C. Code § 31-5401 Definitions
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For the purposes of this chapter, the term: (1) “Account” means either of the 2 accounts created under § 31-5403. (2) “Association” means the District of Columbia Life and Health Insurance Guaranty Association created under § 31-5403. (2A) “Benefit plan” means a specific employee…
D.C. Code § 31-5402 Coverage and limitations
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(a) Coverage shall be provided for the policies and contracts issued to: (1) Persons who, regardless of where they reside (except for nonresident certificate holders under group policies or contracts), are the beneficiaries, assignees or payees of the persons covered under paragr…
D.C. Code § 31-5403 Creation of the Association
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(a)(1) There is created a nonprofit legal entity to be known as the District of Columbia Life and Health Insurance Guaranty Association. (2) All member insurers shall be and shall continually remain members of the Association as a condition of their authority to transact insuranc…
D.C. Code § 31-5404 Board of Directors
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(a)(1) The Board of Directors of the Association (“Board” or “Board of Directors”) shall consist of no less than 5 and no more than 9 member insurers serving terms as established in the plan of operation. (2) The members of the Board shall be selected by member insurers subject t…