No insurer having signed any bond, undertaking or obligation as surety, guarantor or indemnitor shall be permitted to deny its corporate power to execute such instrument or incur such liability, in any proceeding to enforce liability against it thereunder.
Structure Delaware Code
Subchapter I. Corporate Sureties
§ 7701. Execution and sufficiency of corporate suretyship.
§ 7702. Acceptance and approval by public officers.
§ 7703. Agreement requiring principal to deposit assets; withdrawal.
§ 7704. Release of liability on bond; procedure.
§ 7705. Estoppel of surety insurer to deny corporate power.
§ 7706. Premium on bond of public officer; expense of office.