If for any reason the market value of assets of an insurer held on deposit in this State as required under this title falls below the required amount, the insurer shall promptly deposit other or additional assets eligible for deposit sufficient to cure the deficiency. If the insurer has failed to cure the deficiency within 20 days after receipt of notice thereof by registered mail from the Commissioner, the Commissioner shall forthwith revoke the insurer's certificate of authority.
Structure Delaware Code
Chapter 15. ADMINISTRATION OF DEPOSITS
§ 1501. Authorized deposits of insurers.
§ 1503. Securities eligible for deposit.
§ 1504. Depository; access; costs.
§ 1506. Assignment, transfer of securities.
§ 1509. Rights of insurer during solvency.
§ 1511. Deficiency of deposit.
§ 1512. Duration and release of deposit, in general.
§ 1513. Deposit for “registered” life insurance policies and bonds.