2801.1 Pursuant to section 2(a) (1) of the act, D.C. Code section 35-3301(a) (1), the Commissioner shall allow credit for reinsurance ceded by a domestic insurer to assuming insurers which were licensed in the District of Columbia as of the date of the ceding insurer's statutory financial statement.

SOURCE: Final Rulemaking published at 43 DCR 2318 (May 3, 1996).