Delaware Statutes

§ 7705 — Estoppel of surety insurer to deny corporate power

Delaware·Title 18·Part Suretyship·Subch. Corporate Sureties
No insurer having signed any bond, undertaking or obligation as surety, guarantor or indemnitor shall be permitted to deny its corporate power to execute such instrument or incur such liability, in any proceeding to enforce liability against it thereunder.

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Legislative History

18 Del. C. 1953, § 7705; 56 Del. Laws, c. 460.

Nearby Sections

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