Delaware Statutes
§ 1110 — Mortgage guaranty contingency reserve
Casualty or surety insurers insuring real property mortgage lenders against loss by reason of nonpayment of the mortgage indebtedness by the borrower shall maintain a contingency reserve for the protection of policyholders against the effects of adverse economic cycles.
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Legislative History
18 Del. C. 1953, § 1110; 56 Del. Laws, c. 380, § 1 ; 74 Del. Laws, c. 214, § 5
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