STATE STATUTES & CODES

DISTRICT OF COLUMBIA STATUTES AND CODES

Chapter 44 - Domestic Life Companies (Section 31-4401 to Section 31-4452)

• Section 31-4401 - Formation-Required contents of articles of incorporation
• Section 31-4402 - Formation-Filing, notice and bond requirements
• Section 31-4403 - Formation-Corporate powers during completion of organization; issuance of certificate of authority
• Section 31-4404 - Formation-Authority to solicit stock subscriptions or insurance applications
• Section 31-4405 - Formation-Disposition of sums paid upon stock subscriptions
• Section 31-4406 - Formation-Examination of company; revocation and reinstatement of company's permit or agent's authority
• Section 31-4407 - Formation-Time limitation for issuance of policies
• Section 31-4408 - Minimum capital and surplus requirements
• Section 31-4409 - Amendment of articles of incorporation
• Section 31-4410 - Increase of capital stock
• Section 31-4411 - Decrease of capital stock
• Section 31-4412 - Liability of stockholders; rights of fiduciary stockholders and persons pledging stock
• Section 31-4413 - Payments for capital stock
• Section 31-4414 - Capital stock transfers
• Section 31-4415 - Capital stock records
• Section 31-4416 - Mutual companies-Corporations, boards, or associations as agents or members thereof
• Section 31-4417 - Mutual companies-Requirements before doing business
• Section 31-4418 - Reincorporation of existing corporations
• Section 31-4419 - Conversion of stock companies into mutual life companies
• Section 31-4420 - Applicability of provisions to existing corporations
• Section 31-4421 - Directors-Annual election; qualifications; limitation on proxies
• Section 31-4422 - Directors-Power to make bylaws
• Section 31-4423 - Directors-General election procedure
• Section 31-4424 - Directors-Cumulative voting in stock company election
• Section 31-4425 - Voting powers under group policies
• Section 31-4426 - Liability of directors
• Section 31-4427 - Salaries to be authorized by directors
• Section 31-4428 - Limitation of payments to stockholders and policyholders
• Section 31-4429 - Election or appointment of officers; required security
• Section 31-4430 - Officers and directors not to be pecuniarily interested in transactions
• Section 31-4431 - Voting-trust agreements
• Section 31-4432 - Maximum and contingent premiums of mutual companies. [Repealed]
• Section 31-4433 - Classification of risks and members, payment of dividends, and creation of surplus by mutual companies
• Section 31-4434 - Power of mutual company to borrow or assume liability
• Section 31-4435 - Investments and loans. [Repealed]
• Section 31-4436 - Domestic company real-estate holdings. [Repealed]
• Section 31-4437 - Reinsurance be domestic companies in authorized companies. [Repealed]
• Section 31-4438 - Reinsurance of risks. [Repealed]
• Section 31-4439 - Vouchers or affidavits as evidence of disbursements
• Section 31-4440 - Manner of keeping books, records, accounts, and vouchers
• Section 31-4441 - Acquisition of own capital stock. [Repealed]
• Section 31-4442 - Variable or modified guaranteed contracts
• Section 31-4443 - Effect of merger or consolidation
• Section 31-4444 - Procedure for merger of domestic companies
• Section 31-4445 - Procedure for consolidating domestic companies
• Section 31-4446 - Merger or consolidation of domestic and foreign companies
• Section 31-4447 - Merger or consolidation-Approval by Mayor
• Section 31-4448 - Merger or consolidation-Procedures before voting
• Section 31-4449 - Merger or consolidation-Approval by shareholders
• Section 31-4450 - Merger or consolidation-Rights of dissenting shareholders
• Section 31-4451 - Articles of merger or consolidation
• Section 31-4452 - Date merger or consolidation completed

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