Delaware § 6919 Rules for controlled unaffiliated business

Delaware Statutes

§ 6919 — Rules for controlled unaffiliated business

Delaware § 6919

JurisdictionDelaware

Title18

PartInsurance

Ch. 69CAPTIVE INSURANCE COMPANIES

Subch.General Provisions

This text of Delaware § 6919 (Rules for controlled unaffiliated business) 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, § 6919 (2026).

Text

The Commissioner may adopt rules establishing standards to ensure that a pure captive insurance company’s parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the Commissioner may approve the coverage of such risks by a pure captive insurance company, on a case by case basis.

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The Commissioner may adopt rules establishing standards to ensure that a pure captive insurance company’s parent or any of its affiliated companies is able to exercise control of the risk management function of any controlled unaffiliated business to be insured by the pure captive insurance company; provided, however, that, until such time as rules under this section are adopted, the Commissioner may approve the coverage of such risks by a pure captive insurance company, on a case by case basis.