Delaware Code
Chapter 49. ORGANIZATION AND CORPORATE POWERS; PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS
§ 4932. Acquisition of controlling stock.

Repealed by 68 Del. Laws, c. 325, § 3, effective Aug. 7, 1992.

Structure Delaware Code

Delaware Code

Title 18 - Insurance Code

Chapter 49. ORGANIZATION AND CORPORATE POWERS; PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS

§ 4901. Scope of chapter.

§ 4902. “Stock,” “mutual” insurer, definitions.

§ 4903. General corporation statutes; applicability.

§ 4904. Insurance business exclusive.

§ 4905. Mutual insurers — Initial qualifications.

§ 4906. Mutual insurers — Permit; deposit.

§ 4907. Mutual insurers — Qualifying applications for insurance.

§ 4908. Mutual insurers — Trust deposit of qualifying premiums; issuance of policies.

§ 4909. Mutual insurers — Failure to qualify.

§ 4910. Mutual insurers — Additional kinds of insurance.

§ 4911. Membership in mutual.

§ 4912. Bylaws of mutual insurer.

§ 4913. Minutes of corporate meetings of mutual insurers.

§ 4914. Contingent liability of mutual members.

§ 4915. Levy of contingent liability.

§ 4916. Enforcement of contingent liability.

§ 4917. Nonassessable policies, mutual insurers; revocation of authority.

§ 4918. Information to stockholders and proxy regulations.

§ 4919. Change of directors, officers; notice.

§ 4920. Prohibited pecuniary interest of officials.

§ 4921. Management and exclusive agency contracts.

§ 4922. Dividends to stockholders.

§ 4923. Participating policies.

§ 4924. Dividends to policyholders.

§ 4925. Solicitation of business; issuance of policies in other jurisdictions.

§ 4926. Payment of taxes; exoneration.

§ 4927. Impairment of capital or assets.

§ 4928. Mutualization of stock insurer.

§ 4929. Conversion to ordinary business corporation.

§ 4930. Merger, consolidation of stock insurers.

§ 4931. Affiliation of stock insurers.

§ 4932. Acquisition of controlling stock.

§ 4933. Converting mutual insurer.

§ 4934. Merger, consolidation — Allowable circumstances; “surviving insurer” defined.

§ 4935. Merger, consolidation of mutual insurers — Approval of merger; consolidation agreement by boards of directors.

§ 4936. Merger, consolidation of mutual insurers — Effectuation; disapproval by Commissioner.

§ 4937. Merger, consolidation of mutual insurers — Approval by members.

§ 4938. Merger, consolidation of mutual insurers — Impaired mutuals.

§ 4939. Merger, consolidation of mutual insurers — Articles of merger, consolidation, mutual insurers.

§ 4940. Merger, consolidation of mutual insurers — Filing of articles of merger or consolidation; payment of fees; approval by Secretary of State.

§ 4941. Merger, consolidation of mutual insurers — Issuance of certificate of merger or consolidation; effective date.

§ 4942. Merger, consolidation of mutual insurers — Effect of merger or consolidation.

§ 4943. Preservation of old charter in merger or consolidation.

§ 4944. Bulk reinsurance.

§ 4945. Mutual member's share of assets on liquidation.

§ 4946. Redomestication; approval as domestic insurer; conversion to foreign insurer; rules and regulations.