reglab/housing_qa huggingface dataset:
DC Code § 31-2302 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2302. Domestication permitted

(a)(1) Upon compliance with this chapter, a Non-U.S. insurer which is authorized to use the District of Columbia (“District”) as a state of entry to transact insurance business through its United States branch and which owns beneficially, directly or indirectly, all outstanding shares of a domestic insurer or of a foreign insurer qualified and licensed in the District to write all the kinds of insurance for which the United States branch is qualified and licensed, may domesticate its United States branch by entering into a written domestication agreement with such domestic or foreign insurer providing for the acquisition of the business and assets, and the assumption of all liabilities, of the United States branch, by the domestic or foreign insurer for no consideration, except for (A) such assumption of liabilities, and (B) additional consideration payable by the issuance of shares of the acquiring insurer. (2) The domestication shall be subject to prior written approval by the Commissioner if the acquiring insurer is a domestic insurer or by the chief insurance regulatory official of the state of organization if it is a foreign insurer. (3) The domestication shall be subject to final approval by the Commissioner if the acquiring insurer is a domestic insurer or by the chief insurance regulatory official of the state of organization if it is a foreign insurer. (b) Any shares of the acquiring insurer, or voting trust certificates therefor, held among the trusteed assets of the United States branch or held in a trust created by the Non-U.S. insurer of which the Non-U.S. insurer is a beneficiary shall be deemed to be shares held beneficially, but indirectly, by the Non-U.S. insurer. (c) The acquiring insurer may be licensed to engage in the insurance business in the District either before entering into the domestication agreement or, if the Commissioner approves, effective with consummation of the domestication agreement in accordance with § 31-2306. (d) This chapter shall not be construed to (1) authorize an insurance company to do any kind of insurance business not authorized by its charter, or (2) authorize a foreign or Non-U.S. insurer to do any kind of insurance business in the District not authorized by its license or certificate of authority to do business in the District.  (Oct. 21, 2000, D.C. Law 13-194, § 3, 47 DCR 7427.)  Section References This section is referenced in § 31-2303 and § 31-2305.
DC Code § 31-2303 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2303. Prior written approval of domestication agreement

An acquisition of assets and assumption of liabilities under § 31-2302(a) shall be initiated by filing with the Commissioner, for prior written approval as required by § 31-2302(a)(2), a copy of the domestication agreement, executed by the Non-U.S. insurer and the acquiring insurer, in a form satisfactory to (1) the Commissioner if the acquiring insurer is a domestic insurer, or (2) both the Commissioner and the chief insurance regulatory official of the state of organization if the acquiring insurer is a foreign insurer. If he is satisfied that the domestication agreement complies with this chapter and that the interests of policyholders and creditors of the United States branch are not materially adversely affected, the Commissioner may approve the domestication agreement, subject to a subsequent review and final approval as required under § 31-2302(a)(3) and 6 [§ 31-2305].  (Oct. 21, 2000, D.C. Law 13-194, § 4, 47 DCR 7427.)
DC Code § 31-2304 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2304. Authorization and execution of domestication agreement

(a) A domestication agreement shall be authorized, adopted, approved, executed, and acknowledged by the Non-U.S. insurer under the laws of the country where it is organized. (b) A domestication agreement shall also be approved, adopted, and authorized by the acquiring insurer’s board of directors, executed by its president or any vice president, and attested by its secretary or assistant secretary under its corporate seal, or, in the case of a foreign insurer, as otherwise provided in the laws of the state of its organization.  (Oct. 21, 2000, D.C. Law 13-194, § 5, 47 DCR 7427.)
DC Code § 31-2305 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2305. Final approval by Commissioner

(a) The following shall be submitted to the Commissioner for final approval of the domestication agreement as required under § 31-2302(a)(3): (1) An executed counterpart of the domestication agreement; (2) Certified copies of the corporate proceedings of the acquiring insurer and the Non-U.S. insurer approving, adopting, and authorizing the execution of the domestication agreement; (3) A certification by an officer of the United States branch that the domestication agreement satisfies the requirements of this chapter; and (4) In the case of a foreign insurer, the written approval of the chief insurance regulatory official of the state in which the foreign insurer is organized. (b) If he is satisfied that the domestication agreement complies with this chapter, that all the required documents have been submitted, and that the interests of policyholders and creditors of the United States branch are not materially adversely affected, the Commissioner may approve, as required under § 31-2302(a)(3), the domestication agreement.  (Oct. 21, 2000, D.C. Law 13-194, § 6, 47 DCR 7427.)  Section References This section is referenced in § 31-2303 and § 31-2306.
DC Code § 31-2306 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2306. Consummation of domestication agreement; transfer of deposits; withdrawal of trusteed assets

(a)(1) The domestication of the United States branch shall be effective upon the final approval of the Commissioner of the domestication agreement under § 31-2305 (“consummation”). (2)(A) All assets of the United States branch, including all its rights and property, shall be deemed transferred to, and vested in, the acquiring insurer and the acquiring insurer shall be deemed to have assumed all liabilities of the United States branch. (B) All deposits of the United States branch held by commissioners, state officers, or other state regulatory agencies under state laws, shall be deemed held as security for the full performance by the acquiring insurer of its assumption as direct liabilities of all of the liabilities to policyholders and creditors within the United States of the United States branch, and the deposits shall be deemed admitted assets of the acquiring insurer and reported as such in its annual financial statements and other reports required to be filed by it in the District. (3) Upon the ultimate release by a state officer or agency of deposits described in paragraph (2)(B) of this subsection, the securities and cash released shall be delivered and paid over to the acquiring insurer as the lawful successor in interest to the United States branch. (b) Contemporaneously with the consummation of the domestication, notwithstanding §§ 31-2203 and 31-2204, the Commissioner shall: (1) Transfer to the acquiring insurer’s account the securities deposited by the United States branch in compliance with this chapter; and (2) Consent to the withdrawal from the trust by the trustee of the trusteed assets deposited by the United States branch in compliance with this chapter and the transfer and delivery to the acquiring insurer of all assets held by the trustee; provided, that if a United States branch is domesticated into a foreign insurer, the Commissioner, unless otherwise satisfied that the interests of policyholders of in force business and of creditors on outstanding claims are protected, may defer consent to the withdrawal of so much of the trusteed assets as in the Commissioner’s judgment is reasonably required to protect such interests as of the date of domestication, and shall consent to their withdrawal from time to time as such interests expire.  (Oct. 21, 2000, D.C. Law 13-194, § 7, 47 DCR 7427.)  Section References This section is referenced in § 31-2302.
DC Code § 31-2307 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23 - United States Branch Domestication of Non-U.S. Insurers|§ 31-2307. Regulations

The Commissioner may, in accordance with § 2-505, promulgate rules, regulations, and orders as are necessary or appropriate to carry out the provisions of this chapter. The Council may approve or disapprove any rules, regulations, or orders promulgated by the Commissioner within 30 days after the date transmitted to the Council. If no action is taken by the Council, the rules, regulations, or orders shall be deemed to be approved.  (Oct. 21, 2000, D.C. Law 13-194, § 8, 47 DCR 7427.)
DC Code § 31-2321 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23A - Tolling of Deadlines Under Commercial Insurance Policies During the Period of a Public Health Emergency|§ 31-2321. Tolling of deadlines under commercial insurance policies

 *NOTE: This section was created by temporary legislation that will expire on March 11, 2022.*  (a) Notwithstanding any provision of District law and notwithstanding the terms of any policy of insurance subject to this section, for commercial policies of insurance issued by a licensed insurer, in force as of March 25, 2020, and that include coverage under the existing policy for losses in the District, the running of all time periods for policy holders to exercise rights under a policy or District law for a claim for a loss shall be tolled during the period of a public health emergency declared pursuant to § 7-2304.01, and for 90 days thereafter. (b) For the purposes of this section, the term "loss" means physical loss of property, loss of use of property, loss of occupancy, property damage, loss of income, incurred expenses, and other business interruption losses.  (July 29, 2021, D.C. Law 24-19, § 2, 68 DCR 006023.)  Emergency Legislation  For temporary (90 days) creation of this section, see § 2 of Commercial Insurance Claim Tolling Emergency Act of 2021 (D.C. Act 24-82, May 25, 2021, 68 DCR 005821).   For temporary (90 days) creation of this section, see § 2 of Commercial Insurance Claim Tolling Congressional Review Emergency Act of 2020 (D.C. Act 23-427, Oct. 24, 2020, 67 DCR 12969).   For temporary (90 days) creation of this section, see § 2 of Commercial Insurance Claim Tolling Emergency Act of 2020 (D.C. Act 23-343, July 27, 2020, 67 DCR 9379).  Temporary Legislation  For temporary (225 days) creation of this section, see § 2 of Commercial Insurance Claim Tolling Temporary Act of 2021 (D.C. Law 24-19, July 29, 2021, 68 DCR 006023).   For temporary (225 days) creation of this section, see § 2 of Commercial Insurance Claim Tolling Temporary Act of 2020 (D.C. Law 23-143, Oct. 20, 2020, 67 DCR 9912).
DC Code § 31-2351.02 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.02. Scope

(a) The following are exempt from this chapter: (1) Warranties; (2) Maintenance agreements; (3) Warranties, service contracts, or maintenance agreements offered by public utilities on their transmission devices to the extent they are regulated by the Public Service Commission; (4) Service contracts sold or offered for sale to persons other than consumers; and (5) Service contracts on tangible property where the tangible property for which the service contract is sold has a purchase price of $100 or less, exclusive of sales tax. (b) Motor vehicle manufacturer's service contracts on the motor vehicle manufacturer's products need only comply with §§ 31-2351.03(h)(1), 31-2351.04(a), 31-2351.05(d) through (l), 31-2351.06, and 31-2351.10, as applicable. Motor vehicle manufacturers are exempt from the registration requirement of § 31-2351.03(d). (c) The types of agreements referred to in this section and service contracts governed pursuant to this chapter are not insurance.  (Feb. 22, 2019, D.C. Law 22-216, § 3, 65 DCR 12963.)
DC Code § 31-2351.04 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.04. Required disclosures - reimbursement insurance policy

(a) Reimbursement insurance policies insuring service contracts issued, sold, or offered for sale shall state that the insurer that issued the reimbursement insurance policy shall reimburse or pay on behalf of the provider any covered sums the provider is obligated to pay or, in the event of the provider's non-performance, shall provide the service that the provider is legally obligated to perform according to the provider's contractual obligations under the service contracts issued or sold by the provider. (b) If covered service is not provided by the service contract provider within 60 days of proof of loss by the service contract holder, the contract holder shall be entitled to apply directly to the reimbursement insurance company.  (Feb. 22, 2019, D.C. Law 22-216, § 5, 65 DCR 12963.)
DC Code § 31-2351.07 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.07. Record keeping requirements

(a) A provider must keep accurate accounts, books, and records concerning transactions regulated under this chapter and shall include: (1) A copy of each type of service contract sold; (2) The name and address of each service contract holder to the extent that the name and address have been furnished by the service contract holder; (3) For automobile or new property retail sales, a list of the locations where service contracts are marketed, sold, or offered for sale; and (4) Written claims files that shall contain, at a minimum, the dates and description of claims related to the service contracts. (b) Except as provided in subsection (d) of this section, the provider shall retain all records required to be maintained by this section for at least one year after the specified period of coverage has expired. (c) The records required under this chapter may be, but shall not be required to be, maintained on a computer disk or other record-keeping technology; provided, that if the records are maintained in other than hard copy, the records shall be capable of duplication to legible hard copy at the request of the Commissioner. (d) A provider discontinuing business in the District shall maintain its records until it furnishes the Commissioner satisfactory proof that it has discharged all obligations to contract holders in the District.  (Feb. 22, 2019, D.C. Law 22-216, § 8, 65 DCR 12963.)
DC Code § 31-2351.08 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.08. Cancellation of reimbursement insurance policy

An insurer that issued a reimbursement insurance policy shall not terminate the policy until a notice of termination in accordance with § 31-404, has been mailed or delivered to the Commissioner. The termination of a reimbursement insurance policy shall not reduce the issuer's responsibility for service contracts issued by providers prior to the date of the termination.  (Feb. 22, 2019, D.C. Law 22-216, § 9, 65 DCR 12963.)
DC Code § 31-2351.09 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.09. Obligation of reimbursement insurance policy insurers

(a) Insurers issuing reimbursement insurance to providers are deemed to have received the premiums for the insurance upon the payment of provider fees by consumers for service contracts issued by the insured providers. (b) This chapter shall not prevent or limit the right of an insurer that issued a reimbursement insurance policy to seek indemnification or subrogation against a provider if the issuer pays or is obligated to pay the service contract holder sums that the provider was obligated to pay pursuant to the provisions of the service contract.  (Feb. 22, 2019, D.C. Law 22-216, § 10, 65 DCR 12963.)
DC Code § 31-2351.10 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.10. Enforcement provisions

(a) The Commissioner may conduct examinations of providers, administrators, insurers, or other persons to enforce the provisions of this chapter and protect service contract holders in the District. Upon request of the Commissioner, the provider shall make all accounts, books, and records concerning a service contract sold by the provider available to the Commissioner that the Commissioner considers necessary to enable the Commissioner to reasonably determine compliance or noncompliance with this chapter. (b)(1) The Commissioner may take action that is necessary or appropriate to enforce the provisions of this chapter and regulations and orders issued pursuant to this chapter, and to protect service contract holders in the District. (2) If a provider has violated this chapter or a regulation or order issued pursuant to this chapter, the Commissioner may issue an order, or any combination of the following, that: (A) Orders the provider to cease and desist from committing the violation; (B) Prohibits the provider from selling or offering for sale service contracts in violation of this chapter or a regulation or order issued pursuant to this chapter; or (C) Imposes a civil penalty on the provider. (c)(1) A person aggrieved by a Commissioner's order issued pursuant to this subsection may request a hearing before the Commissioner; provided, that the request for a hearing shall be filed with the Commissioner within 20 days after the effective date of the Commissioner's order. (2) If a hearing is timely requested, the order at issue shall be suspended until completion of the hearing and a final decision of the Commissioner. (3)(A) At the hearing, the burden shall be on the Commissioner to show why the order issued pursuant to this subsection is justified. (B) The hearing shall be conducted according to the rules established in Subtitle A of Chapter 38 of Title 26 of the District of Columbia Municipal Rules (26 DCMR A3800 et seq.). (d) The Commissioner may bring an action in any court of competent jurisdiction for an injunction or other appropriate relief for a violation of this chapter or a regulation or order issued pursuant to this chapter. An action filed under this section may also seek restitution on behalf of a person aggrieved by a violation of this chapter or a regulation or order issued pursuant to this chapter. (e)(1) A person who is found to have violated this chapter or a regulation or order issued pursuant to this chapter may be assessed a civil penalty in an amount determined by the Commissioner of not more than $500 per violation and no more than $10,000 in the aggregate for all violations of a similar nature. (2) For purposes of this subsection, violations are of a similar nature if the violation consists of the same or similar course of conduct, action, or practice.  (Feb. 22, 2019, D.C. Law 22-216, § 11, 65 DCR 12963.)
DC Code § 31-2351.11 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.11. Provider's conditional right to continue doing business

A person engaged in the service contract business, as a provider or otherwise, in the District on or before the applicability date of this chapter that submits an application for registration as a provider pursuant to this chapter within 30 days after the Commissioner makes the application available, may continue to engage in business as a provider in the District until final agency action is taken by the Commissioner regarding the registration application and all rights to administrative judicial review have been exhausted or expired.  (Feb. 22, 2019, D.C. Law 22-216, § 12, 65 DCR 12963.)
DC Code § 31-2351.12 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.12. Rules

The Mayor, pursuant to Chapter 5 of Title 2, may issue rules to implement the provisions of this chapter.  (Feb. 22, 2019, D.C. Law 22-216, § 13, 65 DCR 12963.)
DC Code § 31-2351.13 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23M - Service Contract Regulation|§ 31-2351.13. Applicability

This chapter shall apply 180 days after February 22, 2019.  (Feb. 22, 2019, D.C. Law 22-216, § 14, 65 DCR 12963.)  Emergency Legislation  For temporary (90 days) creation of Subtitle II-B of this title, see title I of Appraisal Management Company Regulation Congressional Review Emergency Act of 2020 (D.C. Act 23-425, Oct. 7, 2020, 67 DCR 12837).   For temporary (90 days) creation of Subtitle II-B of this title, see title I of Appraisal Management Company Regulation Emergency Act of 2020 (D.C. Act 23-341, July 27, 2020, 67 DCR 9357).   For temporary (90 days) creation of Subtitle II-B of this title, see title I of Appraisal Management Company Regulation Congressional Review Emergency Act of 2019 (D.C. Act 23-144, Oct. 29, 2019, 66 DCR 14331).  Temporary Legislation  For temporary (225 days) creation of Subtitle II-B of this title, see title I of Appraisal Management Company Regulation Temporary Act of 2019 (D.C. Law 23-29, Nov. 26, 2019, 66 DCR 13124).
DC Code § 31-2361.03 (2021)
2021 District of Columbia Code|Title 31 - Insurance and Securities|Chapter 23R - Appraisal Management Company Regulation|§ 31-2361.03. Appraisal panel size and calculation

(a) For purposes of determining whether a person is an appraisal management company within the meaning of § 31-2361.01(4), an appraiser is deemed part of an appraiser panel as of the earliest date on which the person overseeing the appraisal panel: (1) Accepts the appraiser for consideration for future appraisal assignments in covered transactions or for secondary mortgage market participants in connection with covered transactions; or (2) Engages the appraiser to perform one or more appraisals on behalf of a creditor for covered transactions or secondary mortgage market participant in connection with covered transactions. (b) An appraiser who is deemed part of an appraiser panel pursuant to subsection (a) of this section is deemed to remain on the panel until the date on which the person overseeing the appraisal panel: (1) Sends written notice to the appraiser removing the appraiser from the appraiser panel, with an explanation of its action; or (2) Receives written notice from the appraiser asking to be removed from the appraiser panel or notice of the death or incapacity of the appraiser. (c) If an appraiser is removed from an appraiser panel pursuant to subsection (b)(2) of this section, but the person overseeing the appraisal panel subsequently accepts the appraiser for consideration for future assignments or engages the appraiser at any time during the 12 months after the appraiser's removal, the removal will be deemed not to have occurred, and the appraiser will be deemed to have been part of the appraiser panel without interruption.  (Mar. 16, 2021, D.C. Law 23-206, § 103, 68 DCR 00057.)  Emergency Legislation  For temporary (90 days) creation of this section, see § 103 of Appraisal Management Company Regulation Emergency Act of 2019 (D.C. Act 23-110, July 31, 2019, 66 DCR 178).  Temporary Legislation  For temporary (225 days) creation of this section, see § 103 of Appraisal Management Company Regulation Temporary Act of 2020 (D.C. Law 23-140, Oct. 20, 2020, 67 DCR 9891).