D.C. Code § 47-2601

Definitions.

Official textus-dc/statcode.dccouncil.gov11 subsections

For the purposes of this chapter, the term:

# (1)

“Alien” means organized under the laws of any country other than the United States or a territory or insular possession of the United States.

# (2)

“District” means the District of Columbia.

# (3)

“Domestic” means organized under the laws of the District of Columbia or under federal legislation.

# (4)

“Foreign” means organized under the laws of any state of the United States, or of any territory or insular possession of the United States.

# (5)

“Foreign country” means a country where an insurer, not organized under the laws of the United States, is organized or formally located.

# (6)

“Mayor” means the Mayor of the District of Columbia.

# (7)

“Net premium receipts” or “consideration received” means gross premiums or consideration received less the sum of the following:

# (A)

Premiums received for reinsurance assumed and consideration returned on contracts not taken or cancelled; and

# (B)

Dividends paid in cash or used by policyholders to pay renewal premiums.

# (8)

“State” means the Commonwealth of Puerto Rico, a state in the United States of America, or a United States possession or territory other than the District of Columbia.

Source: official DC Code section page (code.dccouncil.gov)

In this chapter (12 sections)

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