2016 Delaware Code
Title 18 - Insurance Code
CHAPTER 15. ADMINISTRATION OF DEPOSITS
§ 1506. Assignment, transfer of securities.

18 DE Code § 1506 (2016) What's This?

All securities deposited by an insurer and not negotiable by delivery shall be duly registered in the name of the Commissioner and his or her successors in office, or with power of attorney as provided in § 1504 of this title. Upon release of any such security to the insurer, the Commissioner shall reassign or surrender the power of attorney to the insurer.

18 Del. C. 1953, § 1507; 56 Del. Laws, c. 380, § 1; 70 Del. Laws, c. 186, § 1.;

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