§ 31-4804Title 31
Policies — Assignment.
Nothing contained in the terms of any such policy shall operate to prevent its valid assignment by the insured; but the company issuing the policy so assigned shall be discharged of all liability thereon by payment of its proceeds in accordance with its terms, unless before such payment the company shall have written notice of such assignment.
Annotations
June 4, 1934, 48 Stat. 835, ch. 373, § 4 1973 Ed., § 35-1004. 1981 Ed., § 35-904.
Sourced from the DC Council Open Law Library (public domain).
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