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§ 31.4314 — District of Columbia Law | CourtGPT
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  2. Laws/
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  4. Title 31 - Insurance and Securities/
  5. Chapter 43 - Department of Insurance, Securities, and Banking with Respect to Life Companies§ 31–4302. Collection of Charges and Fees/
  6. § 31.4314
District of Columbia Legal Code

§ 31.4314

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False statements in application for policy. The falsity of a statement in the application for any policy of insurance shall not bar the right to recovery thereunder unless such false statement was made with intent to deceive or unless it materially affected either the acceptance of the risk or the hazard assumed by the company. (June 19, 1934, 48 Stat. 1133, ch. 672, ch. II, § 15; May 21, 1997, D.C. Law 11-268, § 10(i), 44 DCR 1730.) Prior Codifications 1981 Ed., § 35-414. 1973 Ed., § 35-414. Cross References Form and contents of insurance contracts, see §§ 31-4703, 31-4712. Industrial policies, special provisions, see § 31-4801 et seq. Editor's Notes Department of Insurance abolished: See Historical and Statutory Notes following § 31-4301.