D.C. Code § 31-4447

Current through codified legislation effective October 30, 2024
Section 31-4447 - Merger or consolidation - Approval by Mayor
(a) The plan of merger or of consolidation and the filings required by § 31-5803 shall be mailed to shareholders, to members, or to policyholders of the domestic merging and consolidating companies, and shall be filed with the Mayor according to § 31-5803 [repealed].
(b) A life company aggrieved by the Mayor's decision to disapprove a plan of merger or of consolidation with the Mayor under subsection (a) of this section shall have the rights, under § 31-5803 [repealed], to judicial review of the decision.

D.C. Code § 31-4447

June 19, 1934, ch. 672, ch. III, § 46; as added Mar. 14, 1985, D.C. Law 5-160, § 3(c), 32 DCR 39.

Subsection (b) of this section is set forth above as it appears in D.C. Law 5-160. The word "filed" should probably appear following "consolidation.".