D.C. Mun. Regs. tit. 26, r. 26-A2726
Current through Register Vol. 71, No. 49, December 6, 2024
An insurer seeking approval to enter into the variable life insurance business in the District shall adopt by formal action of its Board of Directors a written statement specifying the Standards of Conduct of the insurer, its officers, directors, employees, and affiliates with respect to investments of separate accounts and variable life insurance operations. These Standards of Conduct shall be binding on the insurer and those to whom it refers. A code or codes of ethics meeting the requirements of Section 17 j under the Investment Company Act of 1940, Pub. L. 101-550, Section Title 1, Section 104(c) (1990) and applicable rules and regulations thereunder shall satisfy the provisions of this Section.
D.C. Mun. Regs. tit. 26, r. 26-A2726