Del. Code tit. 18 § 2064

Current through 2024 Legislative Session Act Chapter 531

Section 2064 - Suspension or revocation of license

The Commissioner may suspend, revoke, or refuse to renew a limited lines license issued under this chapter after notice and opportunity for a hearing if the self-service storage producer, or employee or authorized representative of the self-service storage producer who offers or sells limited lines insurance on behalf of the self-service storage producer, has done any of the following:

(1) Violated any provision of this chapter or Title 18.

(2) Operated without a limited lines license as required under this chapter.

(3) Failed to make readily available the disclosures required under section 2062(4) this chapter.

(4) Offered or sold unapproved insurance products.

(5) Failed to train employees or authorized representatives as required under this chapter.

(6) Misrepresented pertinent facts or policy provisions concerning the insurance prescribed in this chapter.

18 Del. C. § 2064

Added by Laws 2017, ch. 437,s 4, eff. 11/12/2018.