Delaware Statutes

§ 5519 — Agreement between association and members; binding effect

Delaware·Title 18·Part Insurance·Ch. 55 MUTUAL BENEFIT ASSOCIATIONS
The certificate of membership, the certificate of incorporation and any amendments thereto, the bylaws of the association and the provisions of this chapter shall constitute an agreement between the association as a whole or the membership thereof and the members and shall be binding on their respective beneficiaries.

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Legislative History

18 Del. C. 1953, § 5519; 56 Del. Laws, c. 380, § 1

Nearby Sections

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