D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A16. INSURANCE HOLDING COMPANY SYSTEM REGULATIONS |
Section 26-A1600. PURPOSE
Latest version.
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1600.1The purposes of these regulations are: to set forth rules and procedural requirements which the Commissioner deems necessary to carry out the provisions of the Holding Company System Regulatory Act of the 1983, D.C Law 10-4, hereinafter referred to as "the Act". The information called for by these regulations is hereby declared to be necessary and appropriate in the public interest and for the protection of the policyholders in the District of Columbia.
authority
Section 10 of the Holding Company System Act of 1993, effective October 21, 1993 (D.C. Law 10-44; D.C. Official Code § 35-3701 (1997 Repl.)), Reorganization Plan No. 1 of 1983, and Mayor’s Order 94-54, dated March 7, 1994.
source
33 DCRR § 875.2 (March 1975); as amended by Final Rulemaking published at 41 DCR 2185 (April 22, 1994).
EditorNote
These regulations were originally promulgated pursuant to the authority granted in D.C. Official Code § 35-1908 (1973 ed.), and Commissioner’s Order 74-231, dated November 6, 1974.