Delaware Statutes
§ 5522 — Dissolution
Upon the withdrawal of its guaranty fund deposit as provided in § 5509(e) of this title, the directors or governing body of the association shall forthwith cause the association to be dissolved in accordance with the applicable laws of this State and shall file proper evidence of such dissolution with the Commissioner.
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Legislative History
18 Del. C. 1953, § 5522; 56 Del. Laws, c. 380, § 1
Nearby Sections
15
§ 5503
Exempt associations§ 5509
Guaranty fund§ 5510
Benefit fund§ 5511
Investments§ 5512
Annual statement