18 Del. Admin. Code § 2001-12.0

Current through Register Vol. 28, No. 5, November 1, 2024
Section 2001-12.0 - Licensee as Fiduciary

All payments less any commissions and fees tendered to a licensee are to be considered fiduciary funds held in trust for the insured and not in trust for the insurance company insofar as unearned premiums, fees and charges are concerned if the same are not directly owed to the licensee.

18 Del. Admin. Code § 2001-12.0

23 DE Reg. 129 (8/1/2019) (final)