Del. Code tit. 18 § 1506

Current through 2024 Legislative Session Act Chapter 531

Section 1506 - Assignment, transfer of securities

All securities deposited by an insurer and not negotiable by delivery shall be duly registered in the name of the Commissioner and his/her successors in office, or with power of attorney as provided in § 1504 of this title. Upon release of any such security to the insurer, the Commissioner shall reassign or surrender the power of attorney to the insurer.

18 Del. C. § 1506

18 Del. C. 1953, § 1507; 56 Del. Laws, c. 380, § 1; 70 Del. Laws, c. 186, § 1.;