Del. Code Ann. tit. 18, § 6936 – Participants in sponsored captive insurance companies | Midpage
§ 6936
Del. Code Ann. tit. 18, § 6936
Participants in sponsored captive insurance companies
75 Del. Laws, c. 150, § 1;
(a) Any person may be a participant in any sponsored captive insurance company.
(b) A sponsor may be a participant in a sponsored captive insurance company.
(c) A participant need not be an owner of the sponsored captive insurance company or any affiliate thereof.
(d) Except as otherwise approved by the Commissioner, a participant may insure through a sponsored captive insurance company only its own risks and the risks of its affiliates who are participants.