There is a newer version
of
this Section
2019 District of Columbia Code
Title 31 - Insurance and Securities.
Chapter 44 - Domestic Life Companies.
§ 31–4433. Classification of risks and members, payment of dividends, and creation of surplus by mutual companies.
Universal Citation: DC Code § 31–4433 (2019)
A mutual company may, in its articles of incorporation or in its bylaws, provide for the classification of its risks and of its members and for the payment of dividends and for the creation of a surplus.
(June 19, 1934, 48 Stat. 1152, ch. 672, ch. III, § 33.)
Prior Codifications1981 Ed., § 35-632.
1973 Ed., § 35-533.
Disclaimer: These codes may not be the most recent version. District of Columbia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
