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2023 Delaware Code
Title 18 - Insurance Code
Chapter 32. GROUP LIFE INSURANCE FOR STATE EMPLOYEES
§ 3209. Application of dividends.
Universal Citation:
18 DE Code § 3209 (2023)
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§ 3209. Application of dividends.
Dividends payable from group life insurance may be used to offset any contribution made by the State in the form of money or administrative costs, including the salaries of employees working full-time on the program and any other related expenses deemed appropriate by the State Employee Benefits Committee.
18 Del. C. 1953, § 3209; 56 Del. Laws, c. 380, § 1; 58 Del. Laws, c. 236; 72 Del. Laws, c. 204, § 12;
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