Delaware Code
Title 18 - Insurance Code
Chapter 55. MUTUAL BENEFIT ASSOCIATIONS

§ 5501. Scope of chapter; provisions exclusive. - (a) This chapter applies only to domestic mutual benefit associations...

§ 5502. “Mutual benefit association” defined. - As used in this chapter: (1) “Association” means a mutual...

§ 5503. Exempt associations. - A mutual benefit association whose membership is confined to employees...

§ 5504. Incorporation; prerequisites. - The Secretary of State shall not file a certificate of...

§ 5505. Certificate of authority required; foreign operations. - (a) No association shall directly or indirectly issue any certificate...

§ 5506. Certificate of authority — Application. - (a) No certificate of authority shall be issued to any...

§ 5507. Certificate of authority — Issuance; renewal. - (a) The Commissioner shall issue a certificate of authority to...

§ 5508. Certificate of authority — Revocation. - The Commissioner shall forthwith revoke the certificate of authority of...

§ 5509. Guaranty fund. - (a) Each mutual benefit association before receiving a certificate of...

§ 5510. Benefit fund. - (a) Every association shall deposit in a bank or trust...

§ 5511. Investments. - An association may invest its funds in such investments as...

§ 5512. Annual statement. - (a) Each association shall annually on or before March 1...

§ 5513. Examination of association — Timing; responsibility. - (a) The Commissioner shall examine the affairs of each association...

§ 5514. Examination of association — Access to books and records; witnesses. - For the purpose of the examination under § 5513 of...

§ 5515. Examination of association — Refusal to permit; revocation of certificate of authority. - The refusal of any association to submit to and provide...

§ 5516. Domestic associations; situs of business; reports and fees. - Any mutual benefit association organized under the general corporation law...

§ 5517. Certificate of membership — Approval; terms. - (a) No certificate of membership providing for sick, accident and/or...

§ 5518. Certificate of membership — Limitations on benefits. - No certificate of membership issued by any association shall provide...

§ 5519. Agreement between association and members; binding effect. - The certificate of membership, the certificate of incorporation and any...

§ 5520. Fees; costs; in lieu of provision. - (a) Each association shall pay to the Commissioner fees and...

§ 5521. Merger; reinsurance; transfers with other associations. - Every association may merge, insure, reinsure or accept the transfer...

§ 5522. Dissolution. - Upon the withdrawal of its guaranty fund deposit as provided...

§ 5523. Penalties. - (a) Any corporation, society, order or association which shall organize...

§ 5524. Other provisions applicable. - The following additional chapters of this title shall also apply...