Login

Del. Code 18, § 4206 : Insurance Code — Delaware Insurance Guaranty Association Act — Creation of the Association

Current through 2016 Legislative Session, Act 399

There is created a nonprofit unincorporated legal entity to be known as the Delaware Insurance Guaranty Association. All insurers, defined as member insurers in § 4205(5) of this title, shall be and remain members of the Association as a condition of their authority to transact insurance in this State. The Association shall perform its functions under a plan of operation established and approved under § 4209 of this title and shall exercise its powers through a board of directors established under § 4207 of this title.

Del. C. § 4206
18 Del. C. 1953, § 4206; 57 Del. Laws, c. 437.;