Action on the attorney's bond or to recover against any such deposit made in lieu thereof may be brought at any time by 1 or more subscribers suffering loss through a violation of its conditions or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of such bond.
Structure Delaware Code
Chapter 57. RECIPROCAL INSURERS
§ 5701. “Reciprocal” insurance defined.
§ 5702. Scope of chapter; existing insurers.
§ 5703. Insuring powers of reciprocals.
§ 5705. Attorney; attorney, subscribers and reciprocal insurer a single entity.
§ 5706. Organization of reciprocal insurer.
§ 5707. Certificate of authority.
§ 5711. Deposit in lieu of bond.
§ 5713. Service of process; judgment.
§ 5714. Contributions to insurer.
§ 5715. Financial condition; method of determining.
§ 5717. Subscribers' advisory committee.
§ 5718. Subscribers' liability generally.
§ 5719. Subscribers' liability on judgment.
§ 5721. Time limit for assessments.
§ 5722. Aggregate or contingent liability.
§ 5723. Nonassessable policies.