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The DC Code: § 31-5513 Recognition of assessments in rates.

Index31 Insurance and Securities. (Refs & Annos)

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, and these rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

Historical and Statutory

Prior Codifications 1981 Ed., § 35-3913. Legislative History of Laws For legislative history of D.C. Law 10-51, see Historical and Statutory Notes following § 31-5501. DC CODE § 31-5513 Current through December 11, 2012

Credits

(Oct. 21, 1993, D.C. Law 10-51, § 14, 40 DCR 6120.)