Del. Code tit. 18 § 4706

Current through 2024 Legislative Session Act Chapter 531

Section 4706 - Application for permit to solicit qualifying mutual applications

Written application for any permit required under § 4702 of this title, in connection with the formation of a domestic mutual insurer by the securing of qualifying applications for insurance as provided in § 4905 of this title, shall be filed with the Commissioner. The application shall contain such information and be accompanied by such of the documents and the fees as required under § 4705 of this title as may be applicable and shall be accompanied by:

(1) A copy of the policy for which applications are proposed to be solicited;

(2) A copy of the proposed insurance application form, consistent with the requirements of § 4907 (qualifying application for insurance) of this title;

(3) A schedule of the premiums or premium rates proposed to be charged in connection with such insurance applications; and

(4) A copy of the bylaws of the proposed insurer.

18 Del. C. § 4706

18 Del. C. 1953, § 4706; 56 Del. Laws, c. 380, § 1.;