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District of Columbia Code Division V. Local Business Affairs § 31-4447. Merger or consolidation--Approval by Mayor.

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(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.

(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, to judicial review of the decision.

Cite this article: FindLaw.com - District of Columbia Code Division V. Local Business Affairs § 31-4447. Merger or consolidation--Approval by Mayor. - last updated January 01, 2020 | https://codes.findlaw.com/dc/division-v-local-business-affairs/dc-code-sect-31-4447/


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