District Of Columbia § 31-3931.07 - Investments.

Full text of District Of Columbia D.C. Code § 31-3931.07 — Investments., with citation guidance and answers to common questions.

§ 31-3931.07. Investments.

31-3931.07
(a)

A captive insurer shall file with the Commissioner a schedule of its proposed investments, and any material changes thereto, which the Commissioner may approve if he or she determines that the investments do not threaten the solvency or liquidity of the captive insurer. The Commissioner shall not unreasonably disapprove the investments.

(b)

A captive insurer or protected cell may make a loan to its parent or affiliated company if the loan:

(1)

Is first approved in writing by the Commissioner;

(2)

Is evidenced by a note that is in a form that is approved by the Commissioner; and

(3)

Does not include any money that has been set aside as capital or surplus as required by or (f).

(c)

Notwithstanding subsection (b) of this section, a risk retention group licensed as a captive insurer shall be subject to subchapters I, III, and V of [§§  through , through , and ].

Annotations

Source: official District Of Columbia text · Last verified 2026-08-27

Frequently Asked Questions About District Of Columbia § 31-3931.07

What does D.C. Code § 31-3931.07 cover?

Section 31-3931.07 ("Investments.") 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 § 31-3931.07?

A common citation format is "D.C. Code § 31-3931.07" (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 § 31-3931.07 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.