reglab/housing_qa huggingface dataset:
DC Code § 31-1305 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1305. Cooperation of officers, owners, and employees

(a) Any officer, manager, director, trustee, owner, employee, or agent of any insurer, or any other persons with authority over or in charge of any segment of the insurer’s affairs, shall cooperate with the Commissioner in any proceeding under this chapter or any investigation preliminary to the proceeding. For the purposes of this section, the term “person” shall include any person who exercises control directly or indirectly over activities of the insurer through any holding company or other affiliate of the insurer. The term “to cooperate” shall include, but shall not be limited to, the following: (1) To reply promptly in writing to any inquiry from the Commissioner requesting such a reply; and (2) To make available to the Commissioner any books, accounts, documents, or other records or information or property of or pertaining to the insurer and in his possession, custody, or control. (b) No person shall obstruct or interfere with the Commissioner in the conduct of any delinquency proceeding or any investigation preliminary or incidental thereto. (c) This section shall not be construed to abridge otherwise existing legal rights, including the right to resist a petition for liquidation, other delinquency proceedings, or other orders. (d) Any person included within subsection (a) of this section who fails to cooperate with the Commissioner, or any person who obstructs or interferes with the Commissioner in the conduct of any delinquency proceeding or any investigation preliminary or incidental thereto, or who violates any order of the Commissioner issued validly under this chapter may: (1) Be sentenced to pay a fine not exceeding $10,000 or imprisonment for a term of not more than 1 year, or both; or (2) After a hearing, be subject to the imposition by the Commissioner of a civil penalty not to exceed $10,000 and be subject further to the revocation or suspension of any insurance license issued by the Commissioner.  (Oct. 15, 1993, D.C. Law 10-35, § 6, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2805. Section References This section is referenced in § 31-1321.
DC Code § 31-1306 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1306. Continuation of delinquency proceedings

Every proceeding commenced under §§ 31-2502.05 through 31-2502.07 [repealed], and §§ 31-4319 through 31-4321 [repealed], shall be deemed to have commenced under this chapter for the purpose of continuing the proceeding, except that in the discretion of the Commissioner the proceeding may be continued, in whole or in part, as it would have been continued had this chapter not been enacted.  (Oct. 15, 1993, D.C. Law 10-35, § 7, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2806. References in Text “ Sections 31-4319 through 31-4321”, referred to in this section, were repealed by D.C. Law 10-35, § 59(a), 40 DCR 5773, effective October 15, 1993. “ Sections 31-2502.05 through 31-2502.07”, referred to in this section, were repealed by D.C. Law 10-35, § 59(b), 40 DCR 5773, effective October 15, 1993.
DC Code § 31-1307 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1307. Condition on release from delinquency proceedings; conditions on operations during proceedings

No insurer that is subject to any delinquency proceedings, whether formal or informal (administrative or judicial), shall: (1) Be released from the proceeding, unless the proceeding is converted into a judicial rehabilitation or liquidation proceeding; (2) Be permitted to solicit or accept new business, or request or accept the restoration of any suspended or revoked license or certificate of authority; (3) Be returned to the control of its shareholders or private management; or (4) Have any of its assets returned to the control of its shareholders or private management until all payments of or on account of the insurer’s contractual obligations by all guaranty associations, along with all expenses and interest on all payments and expenses, shall have been repaid to the guaranty associations or a plan of repayment by the insurer shall have been approved by the guaranty association.  (Oct. 15, 1993, D.C. Law 10-35, § 8, 40 DCR 5773.)  Prior Codifications 1981 Ed., § 35-2807.
DC Code § 31-1308 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1308. Temporary seizure order

(a) The Commissioner may file in the Superior Court of the District of Columbia a petition alleging, with respect to a domestic insurer, that there exists grounds that would justify a court order for a formal delinquency proceeding against an insurer under this chapter, and that the interests of policyholders, creditors, or the public will be endangered by delay in the Commissioner’s determination of the financial condition of the insurer. (b) Upon a filing under subsection (a) of this section, the court may issue, ex parte and without a hearing, the requested order which shall direct the Commissioner to take possession and control of all or part of the property, books, accounts, documents, and other records of an insurer, and of the premises occupied by it for transaction of its business; and until further order of the court enjoins the insurer and its officers, managers, agents, and employees from disposition of its property and from the transaction of its business except with the written consent of the Commissioner. (c) The court shall specify in the order its duration, which shall be the time the court deems necessary for the Commissioner to ascertain the condition of the insurer. On motion of either party or on its own motion, the court may from time to time hold hearings it deems desirable after notice it deems appropriate, and may extend, shorten, or modify the terms of the seizure order. The court shall vacate the seizure order if the Commissioner fails to commence a formal proceeding under this chapter after having had a reasonable opportunity to do so. An order of the court pursuant to a formal proceeding under this chapter shall ipso facto vacate the seizure order. (d) Entry of a seizure order under this section shall not constitute an anticipatory breach of any contract of the insurer. (e) An insurer subject to an ex parte order under this section may petition the court at any time after the issuance of the order for a hearing and review of the order. The court shall hold such a hearing and review not more than 15 days after the request. A hearing under this subsection may be held privately in chambers and it shall be if the insurer proceeded against so requests. (f) If, at any time after the issuance of such an order, it appears to the court that any person whose interest is or will be substantially affected by the order did not appear at the hearing and has not been served, the court may order that notice be given. An order that notice be given shall not stay the effect of any order previously issued by the court.  (Oct. 15, 1993, D.C. Law 10-35, § 9, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2808. Section References This section is referenced in § 31-1301, § 31-1309, and § 31-1352. Cross References Ancillary proceedings, domiciliary state of any foreign or alien insurer having property located in the District, see § 31-1352.
DC Code § 31-1309 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1309. Confidentiality of records

In all proceedings and judicial reviews under § 31-1308, all records of the insurer, other documents, all Department of Insurance, Securities, and Banking files, court records, and papers, so far as they pertain to or are a part of the record of the proceedings, shall be and remain confidential except as is necessary to obtain compliance, unless and until the Superior Court of the District of Columbia, after hearing arguments from the parties in chambers, shall order otherwise, or unless the insurer requests that the matter be made public. Until such a court order, all papers filed with the clerk of the Superior Court of the District of Columbia shall be held in a confidential file. The Commissioner may share documents, materials, or other information in the possession or control of the Department of Insurance, Securities, and Banking pertaining to an insurer that is the subject of a proceeding under this chapter with other state, federal, and international regulatory agencies; with the National Association of Insurance Commissioners, including its affiliates and subsidiaries; and with state, federal, and international law enforcement authorities; provided, that the recipient agrees, and has the legal authority, to maintain the confidentiality of the documents, material, or other information. No waiver of an applicable privilege or claim of confidentiality shall occur as a result of disclosure to the Commissioner or of sharing documents, materials, or other information under this section. Nothing in this section shall require an insurer to disclose documents, materials, or other information that is not otherwise required by law to be disclosed.  (Oct. 15, 1993, D.C. Law 10-35, § 10, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(1), 44 DCR 1730; Oct. 21, 2000, D.C. Law 13-191, § 2(a), 47 DCR 7311; June 11, 2004, D.C. Law 15-166, § 4(i)(3), 51 DCR 2817.)  Prior Codifications 1981 Ed., § 35-2809. Section References This section is referenced in § 31-1352. Effect of Amendments D.C. Law 13-191 added the concluding three sentences to the section. D.C. Law 15-166 substituted “Department of Insurance, Securities, and Banking” for “Department of Insurance Securities” and substituted “Department of Insurance, Securities, and Banking” for “Department of Insurance and Securities Regulation”. Cross References Ancillary proceedings, domiciliary state of any foreign or alien insurer having property located in the District, see § 31-1352. Emergency Legislation For temporary (90 day) amendment of section, see § 4(i)(3) of Consolidation of Financial Services Emergency Amendment Act of 2004 (D.C. Act 15-381, February 27, 2004, 51 DCR 2653).
DC Code § 31-1309.01 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1309.01. Duty to provide information to other insurance regulators and guaranty associations

The domiciliary receiver shall provide information to other state insurance regulators and guaranty associations, including reports and analyses of financial condition and the status of development of a plan of rehabilitation. The domiciliary receiver shall also permit a state insurance regulator or guaranty association to obtain a listing of policyholders and certificate holders residing in the requestor’s state, including current addresses and summary policy information; provided, that (1) the regulator or guaranty association agrees, and has the legal authority, to maintain the confidentiality of the records, and (2) records will be used only for regulatory or guaranty association purposes. Access to financial records shall be at least equivalent to that to which a state insurance regulator was entitled before the commencement of a formal delinquency proceeding. Access to records may be limited to normal business hours. If the domiciliary receiver believes that certain information is sensitive and disclosure might cause a diminution in recovery, the receiver may apply for a protective order imposing additional restrictions on access. No waiver of an applicable privilege shall occur as a result of disclosure to the Commissioner or receiver or of sharing documents, materials, or other information under this section. Nothing in this section shall require an insurer to disclose documents, materials, or other information that is not otherwise required by law to be disclosed.  (Oct. 15, 1993, D.C. Law 10-35, § 10a; as added Oct. 21, 2000, D.C. Law 13-191, § 2(b), 47 DCR 7311.)
DC Code § 31-1311 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1311. Rehabilitation orders

(a) An order to rehabilitate the business of a domestic insurer, or an alien insurer domiciled in the District, shall appoint the Commissioner and his or her successors in office the rehabilitator, and shall direct the rehabilitator forthwith to take possession of the assets of the insurer, and to administer them under the general supervision of the court. The filing or recording of the order with the clerk of the Superior Court of the District of Columbia shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with the recorder of deeds would have imparted. The order to rehabilitate the insurer shall by operation of law vest title to all assets of the insurer in the rehabilitator. (b) Any order issued under this section shall require accountings to the court by the rehabilitator. Accountings shall be at intervals the court specifies in its order, but no less frequently than semiannually. Each accounting shall include a report concerning the rehabilitator’s opinion as to the likelihood that a plan under § 31-1312(e) will be prepared by the rehabilitator and the timetable for doing so. (c) Entry of an order of rehabilitation shall not constitute an anticipatory breach of any contracts of the insurer nor shall it be grounds for retroactive revocation or retroactive cancellation of any contracts of the insurer, unless the revocation or cancellation is done by the rehabilitator pursuant to § 31-1312.  (Oct. 15, 1993, D.C. Law 10-35, § 12, 40 DCR 5773; May 16, 1995, D.C. Law 10-255, § 27(b), 41 DCR 5193; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2811. Section References This section is referenced in § 31-1335.
DC Code § 31-1313 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1313. Actions by and against the rehabilitator

(a) Any court in the District before which any action or proceeding in which the insurer is a party, or is obligated to defend a party, is pending when a rehabilitation order against the insurer is entered shall stay the action or proceeding for 90 days and any additional time necessary for the rehabilitator to obtain proper representation and prepare for further proceedings. The rehabilitator shall take any action respecting the pending litigation deemed necessary in the interests of, justice and for the protection of creditors, policyholders, and the public. The rehabilitator shall immediately consider all litigation pending outside the District and shall petition the court having jurisdiction over that litigation for a stay whenever necessary to protect the estate of the insurer. (b) No statute of limitations or defense of laches shall run with respect to any action by or against an insurer between the filing of a petition for appointment of a rehabilitator for that insurer and the order granting or denying that petition. Any action against the insurer that might have been commenced when the petition was filed may be commenced for at least 60 days after the order of rehabilitation is entered or the petition is denied. The rehabilitator may, upon an order for rehabilitation, within 1 year or any other longer time as applicable law may permit, institute an action or proceeding on behalf of the insurer upon any cause of action against which the period of limitation fixed by applicable law has not expired at the time of the filing of the petition upon which the order is entered. (c) Any guaranty association or foreign guaranty association covering life or health insurance or annuities shall have standing to appear in any court proceeding concerning the rehabilitation of a life or health insurer if the association is or may become liable to act as a result of the rehabilitation.  (Oct. 15, 1993, D.C. Law 10-35, § 14, 40 DCR 5773.)  Prior Codifications 1981 Ed., § 35-2813.
DC Code § 31-1314 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1314. Termination of rehabilitation

(a) Whenever the Commissioner believes further attempts to rehabilitate an insurer would substantially increase the risk of loss to creditors, policyholders, or the public, or would be futile, the Commissioner may petition the Superior Court of the District of Columbia for an order of liquidation. A petition under this subsection shall have the same effect as a petition under § 31-1315. The Superior Court of the District of Columbia shall permit the directors of the insurer to take any action reasonably necessary to defend against the petition and may order payment from the estate of the insurer of the costs and other expenses of defense as justice may require. (b) The protection of the interests of insureds, claimants, and the public requires the timely performance of all insurance policy obligations. If the payment of policy obligations is suspended in substantial part for a period of 6 months at any time after the appointment of the rehabilitator and the rehabilitator has not filed an application for approval of a plan under § 31-1312(e), the rehabilitator shall petition the court for an order of liquidation on grounds of insolvency. (c) The rehabilitator may at any time petition the Superior Court of the District of Columbia for an order terminating rehabilitation of an insurer. The court shall also permit the directors of the insurer to petition the court for an order terminating rehabilitation of the insurer and may order payment from the estate of the insurer of the costs and other expenses of the petition as justice may require. If the Superior Court of the District of Columbia finds that rehabilitation has been accomplished and that grounds for rehabilitation under § 31-1310 no longer exist, it shall order that the insurer be restored to possession of its property and the control of the business. The Superior Court of the District of Columbia may also make that finding and issue that order at any time upon its own motion.  (Oct. 15, 1993, D.C. Law 10-35, § 15, 40 DCR 5773; May 16, 1995, D.C. Law 10-255, § 27(c), 41 DCR 5193; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2814.
DC Code § 31-1315 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1315. Grounds for liquidation

The Commissioner may petition the Superior Court of the District of Columbia for an order directing him or her to liquidate a domestic insurer or an alien insurer domiciled in the District on the basis: (1) Of any ground for an order of rehabilitation as specified in § 31-1310, whether or not there has been a prior order directing the rehabilitation of the insurer; (2) That the insurer is insolvent; or (3) That the insurer is in such a condition that the further transaction of business would be hazardous, financially or otherwise, to its policyholders, its creditors, or the public.  (Oct. 15, 1993, D.C. Law 10-35, § 16, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2815. Section References This section is referenced in § 31-1314, § 31-1349, and § 31-3420. Cross References Rehabilitation, liquidation, or conservation of health maintenance organizations, see § 31-3420.
DC Code § 31-1317 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1317. Continuance of coverage

(a) All policies, including bonds and other noncancellable business, other than life or health insurance or annuities, in effect at the time of issuance of an order of liquidation shall continue in force only for the lesser of: (1) A period of 30 days from the date of entry of the liquidation orders; (2) The expiration of the policy coverage; (3) The date when the insured has replaced the insurance coverage with equivalent insurance in another insurer or otherwise terminated the policy; (4) The liquidator has effected a transfer of the policy obligation pursuant to § 31-1319(a)(9); or (5) The date proposed by the liquidator and approved by the court to cancel coverage. (b) An order of liquidation under § 31-1316 shall terminate coverages at the time specified in subsection (a) of this section for purposes of any other statute. (c) Policies of life or health insurance or annuities shall continue in force for such a period and under the terms provided for by any applicable guaranty association or foreign guaranty association. (d) Policies of life or health insurance or annuities or any period or coverage of any policies not covered by a guaranty association or foreign guaranty association shall terminate under subsections (a) and (b) of this section.  (Oct. 15, 1993, D.C. Law 10-35, § 18, 40 DCR 5773; May 16, 1995, D.C. Law 10-255, § 27(d), 41 DCR 5193; Apr. 18, 1996, D.C. Law 11-110, § 40, 43 DCR 530.)  Prior Codifications 1981 Ed., § 35-2817. Section References This section is referenced in § 31-1316.
DC Code § 31-1318 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 13 - Insurers Rehabilitation and Liquidation Procedures|§ 31-1318. Dissolution of insurer

The Commissioner may petition for an order dissolving the corporate existence of a domestic insurer or the United States branch of an alien insurer domiciled in the District at the time he or she applies for a liquidation order. The court shall order dissolution of the corporation upon petition by the Commissioner upon or after the granting of a liquidation order. If the dissolution has not previously been ordered, it shall be effected by operation of law upon the discharge of the liquidator if the insurer is insolvent, but may be ordered by the court upon the discharge of the liquidator if the insurer is under a liquidation order for some other reason.  (Oct. 15, 1993, D.C. Law 10-35, § 19, 40 DCR 5773; May 21, 1997, D.C. Law 11-268, § 10(z)(2), 44 DCR 1730.)  Prior Codifications 1981 Ed., § 35-2818. Section References This section is referenced in § 31-1319.