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2025 Delaware Code
Title 18 - Insurance Code
Chapter 47. FINANCING OF INSURERS
§ 4703. Insurance holding corporation defined.
Universal Citation:
18 DE Code § 4703 (2025)
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§ 4703. Insurance holding corporation defined.
Within the intent of this chapter an insurance holding corporation is one owning or proposing to own a controlling stock interest in a stock insurer. Shares owned directly or indirectly by the corporation or by its subsidiary or affiliate corporation, firm or organization or by its officers, directors or principal stockholders shall be deemed to be owned by the corporation for the purposes of this provision.
18 Del. C. 1953, § 4703; 56 Del. Laws, c. 380, § 1;
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