§ 31-4433Title 31
Classification of risks and members, payment of dividends, and creation of surplus by mutual companies.
A mutual company may, in its articles of incorporation or in its bylaws, provide for the classification of its risks and of its members and for the payment of dividends and for the creation of a surplus.
Annotations
June 19, 1934, 48 Stat. 1152, ch. 672, ch. III, § 33 1973 Ed., § 35-533. 1981 Ed., § 35-632.
Sourced from the DC Council Open Law Library (public domain).
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