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DISTRICT OF COLUMBIA STATUTES AND CODES

Section 31-4425 - Voting powers under group policies

Voting powers under group policies

In every group policy issued by a domestic life company the employer shall be deemed to be the policyholder for all purposes, within the meaning of this chapter, and, if entitled to vote at meetings of the company, shall be entitled to 1 vote thereat.

CREDIT(S)

(June 19, 1934, 48 Stat. 1150, ch. 672, ch. III, § 25.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 35-625.
1973 Ed., § 35-525.

Current through September 13, 2012

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