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The DC Code: § 31-2602.01 Definitions. [Repealed]

Index31 Insurance and Securities. (Refs & Annos)

Historical and Statutory

Prior Codifications 1981 Ed., § 35-1401. 1973 Ed., § 35-1101. Emergency Act Amendments For temporary (90 day) amendment of section, see § 4(o) of Consolidation of Financial Services Emergency Amendment Act of 2004 (D.C. Act 15-381, February 27, 2004, 51 DCR 2653). Legislative History of Laws Law 11-268, the "Department of Insurance and Securities Regulation Establishment Act of 1996," was introduced in Council and assigned Bill No. 11- 415, which was referred to the Committee on Consumer and Regulatory Affairs. The Bill was adopted on first and second readings on November 7, 1996, and December 3, 1996, respectively. Signed by the Mayor on December 30, 1996, it was assigned Act No. 11-524 and transmitted to both Houses of Congress for its review. D.C. Law 11-268 became effective on May 21, 1997. For Law 14-297, see notes following § 31-1371.01. Editor's Notes D.C. Law 15-166, § 4(o), purported to amend this section that was previously repealed by D.C. Law 14-297, therefore, the amendment was ineffective. Miscellaneous Notes Department of Insurance abolished: The Department of Insurance, including the Superintendent, was abolished and the functions thereof transferred to the Board of Commissioners of the District of Columbia by Reorganization Plan No. 5 of 1952. Reorganization Order No. 43, dated June 23, 1953, as amended, established, under the direction and control of a Commissioner, a Department of Insurance headed by a Superintendent. The Order provided for the organization of the Department, abolished the previously existing Department of Insurance, and provided that all functions and positions of the previous Department would be transferred to the new Department of Insurance, including the duties, powers, and authorities of all officers and employees; and that all personnel, property, records and unexpended balances relating to the functions and positions transferred would also be transferred to the new Department. The executive functions of the Board of Commissioners were transferred to the Commissioner of the District of Columbia by § 401 of Reorganization Plan No. 3 of 1967. The functions of the Superintendent of Insurance were transferred to the Department of Consumer and Regulatory Affairs by Reorganization Plan No. 1 of 1983, effective March 31, 1983. Pursuant to the provisions of D.C. Law 11- 268, the Department of Insurance and Securities Regulation was established and the duties of the Superintendent of Insurance and the Insurance Administration were assumed by the Commissioner of Insurance and Securities and the Insurance Administration in the Department of Consumer and Regulatory Affairs was abolished. DC CODE § 31-2602.01 Current through December 11, 2012

Credits

(Mar. 4, 1922, 42 Stat. 401, ch. 93, title I, § 1; May 21, 1997, D.C. Law 11-268, § 10(q), 44 DCR 1730; Apr. 11, 2003, D.C. Law 14-297, § 401(b), 50 DCR 330.)