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The DC Code: § 31-5031.10 Restrictions on dividends.

Index31 Insurance and Securities. (Refs & Annos)

A domestic title insurer shall only declare or distribute a dividend to shareholders without the prior written approval of the Commissioner as would be permitted under § 31-706, for insurers other than life insurers.

Historical and Statutory

Emergency Act Amendments For temporary (90 day) addition, see § 2151 of Fiscal Year 2011 Budget Support Emergency Act of 2010 (D.C. Act 18-463, July 2, 2010, 57 DCR 6542). Legislative History of Laws For Law 18-223, see notes following § 31-5031.01. DC CODE § 31-5031.10 Current through December 11, 2012

Credits

(Sept. 24, 2010, D.C. Law 18-223, § 2151, 57 DCR 6242.)