2019 District of Columbia Code
Title 31 - Insurance and Securities.
Chapter 44 - Domestic Life Companies.
§ 31–4416. Mutual companies — Corporations, boards, or associations as agents or members thereof.

Universal Citation: DC Code § 31–4416 (2019)

Public or private corporations, boards, or associations of the District or elsewhere may make applications, enter into agreements for, hold policies in, and become members of mutual companies. Any officer, stockholder, trustee, or legal representative of any such corporation, board, association, or of an estate may be recognized as acting for or on its behalf, but shall not be personally liable by reason of acting in such representative capacity.

(June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 16.)

Prior Codifications

1981 Ed., § 35-616.

1973 Ed., § 35-516.

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