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The DC Code: § 31-3851.13 Transition.

Index31 Insurance and Securities. (Refs & Annos)

For RBC reports required to be filed by health organizations with respect to 2002, the following requirements shall apply in lieu of the provisions of §§ 31-3851.03, 31-3851.04, 31-3851.05, and 31-3851.06:

1
In the event of a Company Action Level Event with respect to a domestic health organization, the Commissioner shall take no regulatory action under this chapter.
2
In the event of a Regulatory Action Level Event as defined under § 31- 3851.01(19)(A) through (C), the Commissioner shall take the actions required under § 31-3851.03.
3
In the event of a Regulatory Action Level Event as defined under § 31- 3851.01(19)(D) through (I), or an Authorized Control Level Event, the Commissioner shall take the action required under § 31-3851.04 with respect to the health organization.
4
In the event of a Mandatory Control Level Event, the Commissioner shall take the action required under § 31-3851.05.

Historical and Statutory

Effect of Amendments D.C. Law 15-354 validated previously made technical corrections. Legislative History of Laws For Law 14-312, see notes following § 31-3851.01. For Law 15-354, see notes following § 31-101. DC CODE § 31-3851.13 Current through December 11, 2012

Credits

(June 18, 2003, D.C. Law 14-312, § 113, 50 DCR 306; Apr. 13, 2005, D.C. Law 15-354, § 45(d), 52 DCR 2638.)