Delaware § 5907 Grounds for conservation; foreign insurers

Delaware Statutes

§ 5907 — Grounds for conservation; foreign insurers

Delaware § 5907

JurisdictionDelaware

Title18

PartInsurance

Ch. 59REHABILITATION AND LIQUIDATION

Subch.General Provisions

This text of Delaware § 5907 (Grounds for conservation; foreign insurers) 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, § 5907 (2026).

Text

The Commissioner may apply to the court for an order appointing the Commissioner as receiver or ancillary receiver and directing him or her to conserve the assets within this State, of a foreign insurer upon any of the following grounds:

(1)Upon any of the grounds specified in § 5905 or § 5906 of this title, or

(2)Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

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The Commissioner may apply to the court for an order appointing the Commissioner as receiver or ancillary receiver and directing him or her to conserve the assets within this State, of a foreign insurer upon any of the following grounds:

(1) Upon any of the grounds specified in § 5905 or § 5906 of this title, or

(2) Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.