D.C. Mun. Regs. tit. 31, r. 31-901

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 31-901 - NOTICE OF CANCELLATION

901.1

Notice of cancellation of insurance or bond shall be given in writing to the Commissioner of the Department of Insurance, Securities, and Banking and the Office on a form provided by the Office.

901.2

[REPEALED]

901.3

Five (5) days' notice of cancellation shall be given for nonpayment of premium; and twenty (20) days' notice shall be given when cancellation occurs for any other reason.

901.4

Cancellation shall be effective at 12:00 midnight on the fifth (5th) day following the date of receipt by the Office of notice of cancellation for nonpayment of premium, and at 12:00 midnight on the twentieth (20th) day following the date of receipt by the Office of notice of cancellation for any other reason. Cancellation of insurance shall be effective at 12:00 midnight on the last day of the calendar month for which the premium is paid unless the policy is renewed by payment of the premium for the next following calendar month, in-advance.

901.5

The notice shall be on a form as provided by the Office and shall be effective 12:00 midnight on the tenth (10th) day following the receipt of notice by the Office.

901.6

Sinking fund coverage shall also cease when a member, authorized by the Chairperson of the District of Columbia Taxicab Commission to do so, has changed the name, logo, insignia and identity lettering on any vehicle or vehicles for operation in another association or independently, and has filed with the Office a certificate of insurance or bond, or evidence of sinking fund coverage, if any, by the association to which his or her vehicle has, or vehicles have been, transferred.

901.7

Withdrawal of notice of cancellation of insurance or bond shall be made on a form provided by the Office. A separate withdrawal of notice of cancellation for each vehicle shall be given on a form approved by the Commissioner of the Department of Insurance, Securities and Banking.

901.8

Withdrawal of notice of cancellation shall be valid and acceptable to the Office only if filed on or before the date of cancellation. If withdrawal of notice of cancellation is not filed within the time prescribed, a new certificate of insurance or bond shall be filed.

D.C. Mun. Regs. tit. 31, r. 31-901

14 DCRR §§ 430.1 through 430.3, Special Edition (January 10, 1975); as amended by Notice of Final Rulemaking published at 58 DCR 9847, 9850 (November 18, 2011); as amended by Final Rulemaking published at 60 DCR 12387 (August 30, 2013)

Notice of Final Rulemaking published at 58 DCR 9847 (November 18, 2011) replaces the previous Chapter 9 (Taxicab Insurance) by renaming it SInsurance Requirements.

Authority: Sections 8(b)(1)(D), (G), 14, and 20 a of the District of Columbia Taxicab Commission Establishment Act of 1985, effective March 25, 1986 (D.C. Law 6-97; D.C. Official Code §§50-307(b)(1)(D), (G), 50-313 and 50-320(a) (2009 Repl. & 2012 Supp.)) ("Act);" and Section 12 of An Act making appropriations to provide for the expenses of the government of the District of Columbia for the fiscal year ending June 30, 1920, and for other purposes, approved July 11, 1919 (41 Stat. 104; D.C. Official Code § 50-371 (2009 Repl.)).