§ 31-4416Title 31
Mutual companies — Corporations, boards, or associations as agents or members thereof.
Public or private corporations, boards, or associations of the District or elsewhere may make applications, enter into agreements for, hold policies in, and become members of mutual companies. Any officer, stockholder, trustee, or legal representative of any such corporation, board, association, or of an estate may be recognized as acting for or on its behalf, but shall not be personally liable by reason of acting in such representative capacity.
Annotations
June 19, 1934, 48 Stat. 1148, ch. 672, ch. III, § 16 1973 Ed., § 35-516. 1981 Ed., § 35-616.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.