(a) No association shall directly or indirectly issue any certificate of membership without being so authorized by a valid and subsisting certificate of authority issued to it by the Commissioner.
(b) No association shall issue any certificate of membership in any other state or foreign country unless it holds a valid and subsisting certificate of authority issued to it by the Commissioner.
Structure Delaware Code
Chapter 55. MUTUAL BENEFIT ASSOCIATIONS
§ 5501. Scope of chapter; provisions exclusive.
§ 5502. “Mutual benefit association” defined.
§ 5504. Incorporation; prerequisites.
§ 5505. Certificate of authority required; foreign operations.
§ 5506. Certificate of authority — Application.
§ 5507. Certificate of authority — Issuance; renewal.
§ 5508. Certificate of authority — Revocation.
§ 5513. Examination of association — Timing; responsibility.
§ 5514. Examination of association — Access to books and records; witnesses.
§ 5515. Examination of association — Refusal to permit; revocation of certificate of authority.
§ 5516. Domestic associations; situs of business; reports and fees.
§ 5517. Certificate of membership — Approval; terms.
§ 5518. Certificate of membership — Limitations on benefits.
§ 5519. Agreement between association and members; binding effect.
§ 5520. Fees; costs; in lieu of provision.
§ 5521. Merger; reinsurance; transfers with other associations.