District Of Columbia § 31-1108 - Form and contents of agreements.
Full text of District Of Columbia D.C. Code § 31-1108 — Form and contents of agreements., with citation guidance and answers to common questions.
§ 31-1108. Form and contents of agreements.
31-1108A premium finance agreement shall:
Be dated, signed by or on behalf of the insured, and the printed portion thereof shall be in at least 8-point type;
Contain the name and place of business of the insurance agent negotiating the related insurance contract, the name and residence or the place of business of the premium finance company to which payments are to be made, a description of the insurance contracts involved and the amount of the premium therefor; and
Set forth the following items where applicable:
The total amount of the premiums;
The amount of the downpayment;
The principal balance (the difference between subparagraphs (A) and (B) of this paragraph);
The amount of the service charge;
The balance payable by the insured (sum of subparagraphs (C) and (D) of this paragraph); and
The number of installments required, the amount of each installment expressed in dollars, and the due date or period thereof.
The items set out in subsection (a)(3) of this section need not be stated in the sequence or order in which they appear in such paragraph, and additional items may be included to explain the computations made in determining the amount to be paid by the insured.
Annotations
Source: official District Of Columbia text · Last verified 2026-08-27
Frequently Asked Questions About District Of Columbia § 31-1108
What does D.C. Code § 31-1108 cover?
Section 31-1108 ("Form and contents of agreements.") 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 § 31-1108?
A common citation format is "D.C. Code § 31-1108" (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 § 31-1108 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.