Del. Code Ann. tit. 18, ch. 55 – Mutual Benefit Associations | Midpage

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55

Del. Code Ann. tit. 18, ch. 55

Mutual Benefit Associations

5501Scope of chapter; provisions exclusive 5502“Mutual benefit association” defined 5503Exempt associations 5504Incorporation; prerequisites 5505Certificate of authority required; foreign operations 5506Certificate of authority — Application 5507Certificate of authority — Issuance; renewal 5508Certificate of authority — Revocation 5509Guaranty fund 5510Benefit fund 5511Investments 5512Annual statement 5513Examination of association — Timing; responsibility 5514Examination of association — Access to books and records; witnesses 5515Examination of association — Refusal to permit; revocation of certificate of authority 5516Domestic associations; situs of business; reports and fees 5517Certificate of membership — Approval; terms 5518Certificate of membership — Limitations on benefits 5519Agreement between association and members; binding effect 5520Fees; costs; in lieu of provision 5521Merger; reinsurance; transfers with other associations 5522Dissolution 5523Penalties 5524Other provisions applicable