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2025 Delaware Code
Title 18 - Insurance Code
Chapter 69. CAPTIVE INSURANCE COMPANIES
Subchapter III. Special Purpose Financial Captive Insurance Companies
§ 6961. Certain actions by the Commissioner.
Universal Citation:
18 DE Code § 6961 (2025)
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§ 6961. Certain actions by the Commissioner.
Other than under § 6959 of this title, the Commissioner shall notify a special purpose financial captive insurance company not less than 30 days before suspending, revoking, amending, or modifying its certificate of authority or any order issued in connection therewith. The notice must state the basis for the suspension, revocation, amendment, or modification. The special purpose financial captive insurance company must be afforded the opportunity for a hearing and all rights provided pursuant to the provisions of the Administrative Procedures Act, Chapter 101 of Title 29.
76 Del. Laws, c. 161, § 15;
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