Delaware Statutes
§ 503 — “Reciprocal” insurer defined
A “reciprocal” insurer is an unincorporated aggregation of subscribers operating individually and collectively through an attorney-in-fact common to all such persons to provide reciprocal insurance among themselves.
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Legislative History
18 Del. C. 1953, § 503; 56 Del. Laws, c. 380, § 1
Nearby Sections
15
§ 5001
Definitions§ 5002
Subsidiaries of insurers§ 5004
Registration of insurers§ 5006
Examination§ 5007
Confidential treatment§ 5008
Rules and regulations§ 5010
Sanctions§ 5011
Receivership§ 5012
Recovery§ 5014
Supervisory colleges