Delaware § 563 Maintenance of trust account

Delaware Statutes

§ 563 — Maintenance of trust account

Delaware § 563

Title18

PartInsurance

Ch. 5APORT-OF-ENTRY FOR FOREIGN INSURANCE COMPANIES

This text of Delaware § 563 (Maintenance of trust account) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 18, § 563 (2026).

Text

The assets in the trust account shall be known as “trusteed assets” and shall at all times be in an amount equal to the U.S. branch’s reserves and other liabilities plus the minimum capital and surplus or authorized control level risk based capital, whichever is greater, required to be maintained by a domestic insurer licensed to do the same kind or kinds of insurance.

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