Delaware Statutes
§ 5722 — Aggregate or contingent liability
No 1 policy or subscriber as to such policy shall be assessed or charged with an aggregate or contingent liability as to obligations incurred by a domestic reciprocal insurer in any 1 calendar year in excess of the amount provided for in the power of attorney or in the subscribers’ agreement, computed solely upon premium earned on such policy during that year.
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Legislative History
18 Del. C. 1953, § 5722; 56 Del. Laws, c. 380, § 1
Nearby Sections
15
§ 5704
Name; suits§ 5707
Certificate of authority§ 5708
Power of attorney§ 5709
Modifications§ 5710
Attorney’s bond§ 5711
Deposit in lieu of bond§ 5712
Action on bond§ 5714
Contributions to insurer