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-A1606. SUBSIDIARIES OF DOMESTIC INSURERS
Latest version.
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1606.1The authority to invest in subsidiaries under Section 3 of the Act is in addition to any authority to invest in subsidiaries which may be contained in any other provision of the Insurance Code.
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 § 875.5 (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.