Pub. L. 90-448, tit. XII, sec. 1202
declaration of purpose
declaration of purpose Sec. 1202. The purposes of this title are— (1) to assure stability in the property insurance market for property located in the district of Columbia; (2) to assure the availability of basic property insurance as defined by this title; (3) to encourage maximum use, in obtaining basic property insurance, of the normal insurance market provided by authorized insurers; and (4) to provide for the equitable distribution among insurers of the responsibility for insuring qualified property in the District of Columbia for which insurance cannot be obtained through the normal insurance market and to authorize the establishment of a joint underwriting association in the District of Columbia to provide for reinsuring of basic property insurance without regard to environmental hazards.