(a) Any person may be a participant in any sponsored captive insurance company.
(b) A sponsor may be a participant in a sponsored captive insurance company.
(c) A participant need not be an owner of the sponsored captive insurance company or any affiliate thereof.
(d) Except as otherwise approved by the Commissioner, a participant may insure through a sponsored captive insurance company only its own risks and the risks of its affiliates who are participants.
Structure Delaware Code
Chapter 69. CAPTIVE INSURANCE COMPANIES
Subchapter II. Sponsored Captive Insurance Companies
§ 6933. Supplemental license application materials.
§ 6935. Qualification of sponsors.
§ 6936. Participants in sponsored captive insurance companies.
§ 6937. Investments by sponsored captive insurance companies.
§ 6938. Delinquency of sponsored captive insurance companies.