Source: https://development.code.dccouncil.us/dc/council/code/sections/31-3451.03.html
Timestamp: 2019-04-21 00:48:02+00:00

Document:
D.C. Law Library - § 31–3451.03. Company Action Level Event.
↪ § 31–3451.03. Company Action Level Event.
(5) Identify the quality of, and problems associated with, the health organization’s business, including its assets, anticipated business growth and associated surplus strain, extraordinary exposure to risk, mix of business, and use of reinsurance, if any.
(2) If the health organization challenges an adjusted RBC report, within 45 days after notification to the health organization that the Commissioner has, after a hearing, rejected the health organization’s challenge.
(2) If the health organization challenges the notification from the Commissioner under § 31-3451.07, within 45 days after a notification to the health organization that the Commissioner has, after a hearing, rejected the health organization’s challenge.
(d) If the Commissioner notifies a health organization that the health organization’s RBC plan or revised RBC plan is unsatisfactory, the Commissioner may, at the Commissioner’s discretion, subject to the health organization’s right to a hearing under § 31-3451.07, specify in the notification that the notification constitutes a Regulatory Action Level Event.
(B) The date on which the RBC plan or revised RBC plan is filed under subsection (b) or (c) of this section.
This section is referenced in § 31-3451.01, § 31-3451.09, and § 31-3451.13.

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