The Mayor may fine insurance companies or suspend, revoke, or refuse to renew the Certificate of Authority of any insurer failing to file its annual statement when due or within any extension of time which the Mayor, for good cause, may have granted.
CREDIT(S)
(Oct. 21, 1993, D.C. Law 10-42, § 5, 40 DCR 6020.)
HISTORICAL AND STATUTORY NOTES
Prior Codifications
1981 Ed., § 35-3404.
Legislative History of Laws
For legislative history of D.C. Law 10-42, see Historical and Statutory Notes following § 31-1901.