Section 26-A3758. ACQUISITION OF SECTION 4(B) INSURERS

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3758.1If the person being acquired is deemed to be a "domestic insurer" solely because of the provisions of Subsection 4(b) of the Holding Company Act, the name of the domestic insurer on the cover page should be indicated as follows:

"ABC Insurance Company, a subsidiary of XYZ Holding Company".

3758.2 Where a Subsection 4(b) insurer is being acquired, references to the "the insurer" contained in Form A shall refer to both the domestic subsidiary insurer and the person being acquired.

authority

Section 22 of the Captive Insurance Company Act of 2004, effective March 17, 2005 (D.C. Law 15-262; D.C. Official Code § 31-3931.21 (2011 Repl.)).

source

Final Rulemaking published at 59 DCR 13088 (November 16, 2012).

                    
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