District Of Columbia § 31-901 - Definitions.
Full text of District Of Columbia D.C. Code § 31-901 — Definitions., with citation guidance and answers to common questions.
§ 31-901. Definitions.
31-901For the purposes of this chapter, the term:
“Converted stock company” means a District of Columbia domiciled stock company that converted from a District of Columbia mutual company pursuant to this chapter.
“Commissioner” means the Commissioner of Insurance and Securities [Commissioner of the Department of Insurance, Securities, and Banking].
“District” means the District of Columbia.
“Eligible member” means a member whose policy is in force as of the date the mutual company’s board of directors adopts a plan of conversion.
A person insured under a group policy is not an eligible member, unless:
The person is insured or covered under a group life policy or group annuity contract under which funds are accumulated and allocated to the respective covered person;
The person has the right to direct the application of the funds so allocated;
The group policyholder makes no contribution to the premiums or deposits for the policy or contract; and
The mutual company has the names and addresses covered under the group policy or group annuity contract.
A person whose policy is issued after the board of directors adopts the plan but before the plan’s effective date is not an eligible member, but shall have those rights set forth in .
“Plan of conversion” or “plan” means a plan adopted by a District of Columbia domestic mutual company’s board of directors pursuant to this chapter to convert the mutual company into a District of Columbia domiciled stock company.
“Policy” includes an annuity contract.
Repealed.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 31-901
What does D.C. Code § 31-901 cover?
Section 31-901 ("Definitions.") is part of the D.C. Code, the codified statutory law of District Of Columbia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite District Of Columbia § 31-901?
A common citation format is "D.C. Code § 31-901" (District Of Columbia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of District Of Columbia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the District Of Columbia official source linked on this page or consult a licensed District Of Columbia attorney.
How does District Of Columbia § 31-901 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in District Of Columbia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in District Of Columbia.