Del. Code tit. 18 § 6951

Current through 2024 Legislative Session Act Chapter 531
Section 6951 - Purpose

This subchapter provides for the authorization of special purpose financial captive insurance companies empowered to issue securities and otherwise access financial markets and alternative sources of capital through securitizations and other transactions. The intent of this subchapter is to provide for an authorization process for special purpose financial captive insurance companies that is both thorough and swift, and for the ongoing regulation of such companies that recognizes and accommodates the special purpose nature of such entities.

18 Del. C. § 6951

76 Del. Laws, c. 161, § 15.;