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The DC Code: § 31-4110 Administrative and procedural authority regarding risk retention groups and purchasing groups.

Index31 Insurance and Securities. (Refs & Annos)

The Commissioner is authorized to make use of any of the powers established under the Insurance Code of the District of Columbia to enforce the laws of the District of Columbia not specifically preempted by the federal Liability Risk Retention Act of 1986 (15 U.S.C. § 3901 et seq.), including the Commissioner's administrative authority to investigate, issue subpoenas, conduct depositions and hearings, issue orders, impose penalties, and seek injunctive relief. With regard to any investigation, administrative proceedings, or litigation, the Commissioner can rely on the procedural laws of the District. The injunctive authority of the Commissioner, in regard to risk retention groups, is restricted by the requirement that any injunction be issued by a court of competent jurisdiction.

Historical and Statutory

Prior Codifications 1981 Ed., § 35-2910. Legislative History of Laws For legislative history of D.C. Law 10-46, see Historical and Statutory Notes following § 31-4101. Law 11-255, the "Second Technical Amendments Act of 1996," was introduced in Council and assigned Bill No. 11-, which was referred to the Committee of the Whole. The Bill was adopted on first and second readings on November 7, 1996, and December 3, 1996, respectively. Signed by the Mayor on December 24, 1996, it was assigned Act No. 11-519 and transmitted to both Houses of Congress for its review. D.C. Law 11-255 became effective on April 9, 1997. For legislative history of D.C. Law 11-268, see Historical and Statutory Notes following § 31-4101. DC CODE § 31-4110 Current through December 11, 2012

Credits

(Oct. 21, 1993, D.C. Law 10-46, § 11, 40 DCR 6082; Apr. 9, 1997, D.C. Law 11-255, § 41, 44 DCR 1271; May 21, 1997, D.C. Law 11-268, § 10(aa)(2), 44 DCR 1730.)