No certificate of membership issued by any association shall provide for death benefits in excess of $100,000 or sickness or accident disability benefits in excess of $1,000 per week. No association shall issue more than 1 of each of the above types of certificates of membership to any 1 person.
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.