§ 2064 — Suspension or revocation of license

The Commissioner may suspend, revoke, or refuse to renew a limited lines license issued under this chapter after notice and opportunity for a hearing if the self-service storage producer, or employee or authorized representative of the self-service storage producer who offers or sells limited lines insurance on behalf of the self-service storage producer, has done any of the following:

(1) Violated any provision of this chapter or this title.

(2) Operated without a limited lines license as required under this chapter.

(3) Failed to make readily available the disclosures required under § 2062(d) this title.

(4) Offered or sold unapproved insurance products.

(5) Failed to train employees or authorized representatives as required under this chapter.

(6) Misrepresented pertinent facts or policy provisions concerning the insurance prescribed in this chapter.

Legislative History

81 Del. Laws, c. 437, § 4