D.C. Code Title 31, Chapter 2
Duties of Commissioner; Requirements of Industry (§§ 31-201 to 31-208)
Edition and licensing notes
Publisher. Council of the District of Columbia (code.dccouncil.gov)
Status. D.C. Official Code; public domain.
What this document is
D.C. Code Title 31, Chapter 2 - Duties of Commissioner; Requirements of Industry (§§ 31-201 to 31-208) is a state statute published by Council of the District of Columbia (code.dccouncil.gov). It is one of the District of Columbia documents that insurance license exam questions are written from, including district of columbia life & health, district of columbia property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.
Sections cited in practice questions
Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.
- D.C. Code § 31-202 (General duties of Commissioner; service of legal process)
“Should said company refuse to appoint such agent, or should any person, after making reasonable efforts to do so (which efforts shall be documented), be unable to serve such agent, said legal process shall be served upon the Commissioner and shall be deemed service upon the company.”
- D.C. Code § 31-202 (General duties of Commissioner; confidentiality of shared information)
“The Commissioner may share information, including otherwise confidential information, with the National Association of Insurance Commissioners or insurance departments of other states so long as such other jurisdictions agree to maintain the same level of confidentiality as is available under District of Columbia law.”
- D.C. Code § 31-206 (Required annual reports of Commissioner; contents)
“shall report annually to the Mayor of the District, on or before the 31st day of March, the financial condition of each insurance company and association doing business in said District, as of the 31st day of December next preceding.”
- D.C. Code § 31-208 (Capital requirements of companies or associations)
“the president and secretary of such company or association shall make a declaration under oath to said Commissioner, who is hereby empowered to administer oaths when hereby required, that the tangible assets exhibited to him represent bona fide the property of the company or association, which...”
- D.C. Code § 31-202(b) (General duties of Commissioner; filings required before licensure)
“Before any such insurance company, association, or order shall be licensed to do business in the District it shall file with the Commissioner a copy of its charter, declaration of organization, or articles of incorporation duly certified in accordance with the law by the Commissioner of Insurance...”
- D.C. Code § 31-202(a) (General duties of Commissioner)
“It shall be the duty of the Commissioner to see that all laws of the United States relating to insurance or insurance companies, benefit orders, associations, and others doing insurance business in the District are faithfully executed, to keep on file in the Insurance Administration office copies...”
- D.C. Code § 31-205(b)(2) (Required annual statement of business; tax payments; rate for non-life insurers)
“One and seven tenths percent of the gross amount of premiums, assessments, and fees received during the preceding calendar year by every company or association other than life on contracts of insurance other than life for business done in the District, after deducting the amount returned upon...”
- D.C. Code § 31-202(d) (General duties of Commissioner; penalty for noncompliance)
“Any company, association, group, or organization that fails to comply with the requirements of subsection (b) of this section shall be guilty of a misdemeanor and shall be fined not more than $500 a day for each violation.”
- D.C. Code § 31-202(e) (General duties of Commissioner; confidentiality of shared information)
“The Commissioner shall maintain as confidential any documents or information received from the National Association of Insurance Commissioners or insurance departments of other states which is confidential in such other jurisdictions. The Commissioner may share information, including otherwise...”
- D.C. Code § 31-205(a) (Required annual statement of business)
“Every insurance company and association doing business in the District of Columbia shall, through its local agents or representatives, furnish to the Commissioner, during the month of January of each year, a statement of its business in the District, setting forth specifically the net amount of its...”
- D.C. Code § 31-202(c) (General duties of Commissioner; service of process on Commissioner)
“(c) Should said company refuse to appoint such agent, or should any person, after making reasonable efforts to do so (which efforts shall be documented), be unable to serve such agent, said legal process shall be served upon the Commissioner and shall be deemed service upon the company. The...”
- D.C. Code § 31-205(f)(1) (Required annual statement of business; retaliatory tax provision)
“(1) When by the laws of any other jurisdiction a premium or income or other taxes, or fees, fines, penalties, licenses, deposit requirement, or other obligations, prohibitions or restrictions are imposed upon District domestic insurance companies doing business in the other jurisdiction, or upon...”
Practice this material
Questions about this source
More District of Columbia sources
- D.C. Code Title 31, Chapter 16 - Prohibition of Discrimination in the Provision of Insurance on Basis of AIDS Test (§§ 31-1601 to 31-1610)State statute
- D.C. Code Title 31, Chapter 51 - Credit Life, Accident, and Health Insurance (§§ 31-5101 to 31-5112)State statute
- D.C. Code Title 31, Chapter 54 - Life and Health Insurance Guaranty Association (§§ 31-5401 to 31-5416)State statute
- D.C. Code Title 31, Chapter 32 - Health Insurance Forms (§§ 31-3201 to 31-3255)State statute
- D.C. Code Title 31, Chapter 34 - Health Maintenance Organizations (§§ 31-3401 to 31-3431)State statute
- D.C. Code Title 31, Chapter 48 - Industrial Life Insurance (§§ 31-4801 to 31-4805)State statute
- D.C. Code Title 31, Chapter 47 - Provisions Relating to All Life Insurance Companies (§§ 31-4701 to 31-4730)State statute
- D.C. Code Title 31, Chapter 36 - Long-Term Care Insurance (§§ 31-3601 to 31-3612)State statute