Upon the withdrawal of its guaranty fund deposit as provided in § 5509(e) of this title, the directors or governing body of the association shall forthwith cause the association to be dissolved in accordance with the applicable laws of this State and shall file proper evidence of such dissolution with 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.