Delaware Statutes
§ 1806 — Examination authority
The acts of the MGA are considered to be the acts of the insurer on whose behalf it is acting. An MGA may be examined as if it were the insurer. An MGA shall retain all records pertaining to a specific insurer until the conclusion of the regular financial examination on that insurer by the domestic regulator.
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Legislative History
68 Del. Laws, c. 68, § 1 ; 69 Del. Laws, c. 92, § 6
Nearby Sections
9
§ 1801
Short title§ 1802
Definitions§ 1803
Licensure§ 1805
Duties of insurers§ 1806
Examination authority§ 1808
Rules and regulations§ 1809
Effective date