2019 District of Columbia Code
Title 31 - Insurance and Securities.
Chapter 44 - Domestic Life Companies.
§ 31–4447. Merger or consolidation — Approval by Mayor.
(a) The plan of merger or of consolidation and the filings required by § 31-5803 shall be mailed to shareholders, to members, or to policyholders of the domestic merging and consolidating companies, and shall be filed with the Mayor according to § 31-5803 [repealed].
(b) A life company aggrieved by the Mayor’s decision to disapprove a plan of merger or of consolidation with the Mayor under subsection (a) of this section shall have the rights, under § 31-5803 [repealed], to judicial review of the decision.
(June 19, 1934, ch. 672, ch. III, § 46; as added Mar. 14, 1985, D.C. Law 5-160, § 3(c), 32 DCR 39.)
Prior Codifications1981 Ed., § 35-644.
References in TextSection 31-5803, referred to in (a) and (b), was repealed by § 17 of D.C. Law 10-44, effective Oct. 21, 1993.
Editor's NotesSubsection (b) of this section is set forth above as it appears in D.C. Law 5-160. The word “filed” should probably appear following “consolidation.”.
