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§ 31.4330 — District of Columbia Law | CourtGPT
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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. § 31.4330
District of Columbia Legal Code

§ 31.4330

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Contractual rights of minors. Any minor of the age of 15 years or more may, notwithstanding such minority, contract for life, health, and accident insurance on his own life for his or her own benefit or for the benefit of his father, mother, spouse, child, brother, sister, or for the benefit of any person who has the care or custody of said minor or with whom said minor makes his or her home, and may exercise all such contractual rights with respect to any such contract of insurance as might be exercised by a person of full legal age and may at any time surrender his or her interest in any such insurance or give a valid discharge for any benefit accruing or money payable thereunder. (June 19, 1934, 48 Stat. 1142, ch. 672, ch. II, § 31; Sept. 12, 2008, D.C. Law 17-231, § 28(b), 55 DCR 6758.) Prior Codifications 1981 Ed., § 35-430. 1973 Ed., § 35-430. Effect of Amendments D.C. Law 17-231 substituted 'spouse' for 'husband, wife'.