Current through 2024 Legislative Session Act Chapter 531
Section 6936 - Participants in sponsored captive insurance companies(a) Any person may be a participant in any sponsored captive insurance company.(b) A sponsor may be a participant in a sponsored captive insurance company.(c) A participant need not be an owner of the sponsored captive insurance company or any affiliate thereof.(d) Except as otherwise approved by the Commissioner, a participant may insure through a sponsored captive insurance company only its own risks and the risks of its affiliates who are participants. 75 Del. Laws, c. 150, § 1.;