Section 26-A4007. CERTIFICATE OF AUTHORITY

Latest version.

4007.1The certificate of authority of a reciprocal insurer shall be issued to its attorney in the name of the insurer.
4007.2The Commissioner may refuse to issue, suspend, or revoke the certificate of authority, in addition to any other applicable grounds, for failure of the attorney to comply with any applicable provision of the act or this chapter.

authority

The Commissioner of the Department of Insurance, Securities, and Banking, pursuant to the authority set forth in 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).

source

Notice of Emergency and Proposed Rulemaking published at 54 DCR 12099 (December 14, 2007)[EXPIRED]; as amended by Notice of Final Rulemaking published at 55 DCR 479, 482 (January 18, 2008).

                    
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