Merger or consolidation — Approval by Mayor.
D.C. Code § 31-4447
in effect31-4447. 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of the domestic merging and consolidating companies, and shall be filed with the Mayor according to § 31-5803 [repealed].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merger or of consolidation with the Mayor under subsection (a) of this section shall have the rights, under § 31-5803 [repealed], to judicial review of the decision.
(June 19, 1934, ch. 672, ch. III, § 46; as added Mar. 14, 1985, D.C. Law 5-160, § 3(c), 32 DCR 39.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/31-4447Fetched: 10/21/2026
