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The DC Code: § 47-2601 Definitions.

Index47 Taxation, Licensing, Permits, Assessments, and Fees. (Refs & Annos)

For the purposes of this chapter, the term:

1
"Alien" means organized under the laws of any country other than the United States or a territory or insular possession of the United States.
2
"District" means the District of Columbia.
3
"Domestic" means organized under the laws of the District of Columbia or under federal legislation.
4
"Foreign" means organized under the laws of any state of the United States, or of any territory or insular possession of the United States.
5
"Foreign country" means a country where an insurer, not organized under the laws of the United States, is organized or formally located.
6
"Mayor" means the Mayor of the District of Columbia.
7
"Net premium receipts" or "consideration received" means gross premiums or consideration received less the sum of the following:
A
Premiums received for reinsurance assumed and consideration returned on contracts not taken or cancelled; and
B
Dividends paid in cash or used by policyholders to pay renewal premiums.
8
"State" means the Commonwealth of Puerto Rico, a state in the United States of America, or a United States possession or territory other than the District of Columbia.

Historical and Statutory

Prior Codifications 1981 Ed., § 47-2601. Legislative History of Laws Law 5-113, the "District of Columbia Revenue Act of 1984," was introduced in Council and assigned Bill No. 5-370, which was referred to the Committee on Finance and Revenue. The Bill was adopted on first and second readings on June 26, 1984 and July 10, 1984, respectively. Signed by the Mayor on July 13, 1984, it was assigned Act No. 5-164 and transmitted to both Houses of Congress for its review. Miscellaneous Notes Mayor authorized to issue rules: Section 12 of Title 2 of the Act of August 17, 1937, as added by § 401 of D.C. Law 5-113, provided that the Mayor shall issue rules to implement the provisions of this chapter pursuant to subchapter I of Chapter 5 of Title 2. Mayor authorized to issue rules: Section 901 of D.C. Law 5-113 provided that the Mayor shall issue rules to implement the provisions of the act pursuant to subchapter I of Chapter 15 of Title 1. DC CODE § 47-2601 Current through December 11, 2012

Credits

(Aug. 17, 1937, ch. 690, title II, § 1, as added Sept. 26, 1984, D.C. Law 5- 113, § 401, 31 DCR 3974; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)