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Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

18 Del. C. § 1514: Commissioner’s liability.

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Where this section sits in the code
  1. Title 18. Insurance Code
  2. Insurance
  3. CHAPTER 15. Administration of Deposits

If the Commissioner wilfully fails faithfully to require, deposit, keep, account, and receipt for, or surrender in the manner by law authorized or required any assets as provided in this title, the Commissioner shall be responsible upon his or her official bond therefor and suit may be brought upon his or her bond by any person injured by such failure; and the Commissioner so offending shall be guilty of a felony, and fined not more than $10,000 and imprisoned not less than 2 years or more than 10 years.

Collected 2026-09-05T23:02:24Z. Source file · JSON

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