D.C. Code § 1-307.90

Coverage

Known as the Captive Insurance Agency Establishment Act

The act spans §§ 1–1 (15 sections).

July 18, 2008, D.C

(a) The Agency shall offer:

(1) Health centers medical malpractice insurance that is consistent with coverage offered in the market; and

(2) Property insurance for the benefit of the District for District real property assets consistent with coverage offered in the market.

(b) The insurance policies and coverage offered pursuant to this part shall be established by the Risk Officer with the advice of the Advisory Council and subject to the approval of the Commissioner.

(c) Any policy offered by the Agency shall state that the liability of the Agency shall be limited to the funds in the Captive Trust Fund.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.