Del. Code tit. 18 § 6919

Current through 2024 Legislative Session Act Chapter 510

Section 6919 - Rules for controlled unaffiliated business

The Commissioner may adopt rules establishing standards to ensure that a pure captive insurance company's parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the Commissioner may approve the coverage of such risks by a pure captive insurance company, on a case by case basis.

18 Del. C. § 6919

75 Del. Laws, c. 150, § 1.;