# D.C. Code § 31-3931.07: Investments

> District of Columbia · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.07

## Section

- **Citation:** D.C. Code § 31-3931.07
- **Heading:** Investments
- **Jurisdiction:** District of Columbia
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** DC Code / Title 31 / Chapter 39A / § 31-3931.07

## Text

(a) A captive insurer shall file with the Commissioner a schedule of its proposed investments, and any material changes thereto, which the Commissioner may approve if he or she determines that the investments do not threaten the solvency or liquidity of the captive insurer. The Commissioner shall not unreasonably disapprove the investments.
(b) A captive insurer or protected cell may make a loan to its parent or affiliated company if the loan:
(1) Is first approved in writing by the Commissioner;
(2) Is evidenced by a note that is in a form that is approved by the Commissioner; and
(3) Does not include any money that has been set aside as capital or surplus as required by § 31-3931.06(a) or (f).
(c) Notwithstanding subsection (b) of this section, a risk retention group licensed as a captive insurer shall be subject to subchapters I, III, and V of Chapter 13A of this title [§§ 31-1371.01 through 31-1371.07 , 31-1373.01 through 31-1373.12 , and 31-1375.01 ].

## Nearby sections

- [D.C. Code § 31-3931.01 § 31-3931.01. Definitions.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.01.md)
- [D.C. Code § 31-3931.02 § 31-3931.02. Authority to do business; prohibited activities.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.02.md)
- [D.C. Code § 31-3931.03 § 31-3931.03. Organizational requirements for transacting business; incorporation.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.03.md)
- [D.C. Code § 31-3931.04 § 31-3931.04. Protected cell captive insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.04.md)
- [D.C. Code § 31-3931.05 § 31-3931.05. Liquidation and rehabilitation of protected cells.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.05.md)
- [D.C. Code § 31-3931.06 § 31-3931.06. Capital and surplus.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.06.md)
- [D.C. Code § 31-3931.07 § 31-3931.07. Investments.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.07.md)
- [D.C. Code § 31-3931.08 § 31-3931.08. Reinsurance.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.08.md)
- [D.C. Code § 31-3931.09 § 31-3931.09. Application requirements.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.09.md)
- [D.C. Code § 31-3931.10 § 31-3931.10. Name.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.10.md)
- [D.C. Code § 31-3931.11 § 31-3931.11. Requirements for transacting business.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.11.md)
- [D.C. Code § 31-3931.12 § 31-3931.12. Tax on premiums collected.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.12.md)
- [D.C. Code § 31-3931.13 § 31-3931.13. Annual report.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.13.md)
- [D.C. Code § 31-3931.14 § 31-3931.14. Financial examination.](https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DC_T31_C39A_S31-3931.07. Check the current official text before relying on it. Not legal advice.