Section 31-756 - Applicability; membership interest; powers(a) A membership interest in a mutual insurance holding company shall not constitute an equity security as defined in § 31-603.(b) A mutual insurance holding company created under this subchapter shall have the same powers to borrow or assume liability as a reciprocal insurance company organized under District law.May 12, 1998, D.C. Law 12-112, § 7, 45 DCR 1792.