Delaware Statutes

§ 2931 — Participating, nonparticipating policies; right to issue

Delaware·Title 18·Part Insurance·Ch. 29 LIFE INSURANCE AND ANNUITY CONTRACTS
A life insurer may issue policies on either the participating basis or the nonparticipating basis, or on both bases, if the right or absence of right of participation is reasonably related to the premium charged and the insurer is otherwise not in violation of Chapter 23 of this title.

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Legislative History

18 Del. C. 1953, § 2932; 56 Del. Laws, c. 380, § 1

Nearby Sections

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