Delaware § 5909 Grounds for ancillary liquidation; foreign insurers

Delaware Statutes

§ 5909 — Grounds for ancillary liquidation; foreign insurers

Delaware § 5909

JurisdictionDelaware

Title18

PartInsurance

Ch. 59REHABILITATION AND LIQUIDATION

Subch.General Provisions

This text of Delaware § 5909 (Grounds for ancillary liquidation; 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, § 5909 (2026).

Text

The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign insurer having assets, business or claims in this State upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of such insurer.

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The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign insurer having assets, business or claims in this State upon the appointment in the domiciliary state of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of such insurer.