™Your Policy Risk Impact Agent
94 chapters · 1,017 sections in this title.
D.C. Code § 31-701 Definitions
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For the purposes of this subchapter, the term: (1) “Affiliate” means a person that directly, or indirectly through 1 or more intermediaries, controls, or is controlled by, or is under common control with, the person specified. (1A) “Commissioner” means the Commissioner of Insuran…
D.C. Code § 31-702 Subsidiaries of insurers
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(a) Any domestic insurer, either by itself or in cooperation with 1 or more persons, may organize or acquire 1 or more subsidiaries. The subsidiaries may conduct any kind of business and their authority to do so shall not be limited by reason of the fact that they are subsidiarie…
D.C. Code § 31-703 Acquisition of control of or merger with domestic insurer
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(a)(1) No person other than the issuer shall make a tender offer for or a request or invitation for tenders of, enter into any agreement to exchange securities, or seek to acquire, or acquire, in the open market or otherwise, any voting security of a domestic insurer, if, after c…
D.C. Code § 31-704 Acquisitions involving insurers not otherwise covered
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(a) For the purposes of this section, the term: (1) “Acquisition” means any agreement, arrangement, or activity the consummation of which results in a person acquiring, directly or indirectly, the control of another person, and includes, but is not limited to, the acquisition of …
