{"data":{"id":"us-de/5-del.-c.-797k","jurisdiction":"us-de","citation":"5 Del. C. § 797K","heading":"Insurance coverage [For application of this section, see 85 Del. Laws, c. 346, § 9].","body":"A family trust company shall at all times maintain a director, officer and employee dishonesty bond in the amount of at least $1,000,000. In addition, a family trust company that is subject to the minimum capital and surplus requirements under § 797F of this title shall at all times maintain general liability and errors and omissions insurance coverage in an amount of at least $5,000,000 per occurrence. The insurance coverage required by this section may be in any form and may be paid for by the family trust company or its affiliates.","path":["Title 5. Banking","Banks and Trust Companies","CHAPTER 7. Corporation Law for State Banks and Trust Companies","Subchapter IX. Family Trust Companies [For application of this subchapter, see 85 Del. Laws, c. 346, § 9]"],"source_url":"https://delcode.delaware.gov/title5/c007/sc09/index.html#797K","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:04Z","sha256":"c24cba00d29dfeba8c45ca1df685b1d1e0d900dea608ddb09fd4eba37280b11e","source_id":"us-de","stale":true,"prev":"us-de/5-del.-c.-797j","next":"us-de/5-del.-c.-797l"},"notice":"GroundRules: Original legal text. Not legal advice."}