2025 Delaware Code
Title 18 - Insurance Code
Chapter 29. LIFE INSURANCE AND ANNUITY CONTRACTS
§ 2931. Participating, nonparticipating policies; right to issue.

Universal Citation:
18 DE Code § 2931 (2025)
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§ 2931. Participating, nonparticipating policies; right to issue.

A life insurer may issue policies on either the participating basis or the nonparticipating basis, or on both bases, if the right or absence of right of participation is reasonably related to the premium charged and the insurer is otherwise not in violation of Chapter 23 of this title.

18 Del. C. 1953, § 2932;  56 Del. Laws, c. 380, § 1; 
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