2016 Delaware Code
Title 18 - Insurance Code
CHAPTER 57. RECIPROCAL INSURERS
§ 5719. Subscribers' liability on judgment.

18 DE Code § 5719 (2016) What's This?

(a) No action shall lie against any subscriber upon any obligation claimed against the insurer until a final judgment has been obtained against the insurer and remains unsatisfied for 30 days.

(b) Any such judgment shall be binding upon each subscriber only in such proportion as the subscriber's interests may appear and in amount not exceeding the subscriber's contingent liability, if any.

18 Del. C. 1953, § 5719; 56 Del. Laws, c. 380, § 1; 70 Del. Laws, c. 186, § 1.;

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