Delaware Code Title 18. Insurance Code § 5903. Commencement of delinquency proceedings
Current as of January 01, 2022 | Updated by FindLaw Staff
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The Commissioner shall commence any such proceedings by application to the court for an order directing the insurer to show cause why the Commissioner should not have the relief prayed for. On the return of such order to show cause and after a full hearing, the court shall either deny the application or grant the application, together with such other relief as the nature of the case and the interests of the policyholders, creditors, stockholders, members, subscribers or the public may require.
Cite this article: FindLaw.com - Delaware Code Title 18. Insurance Code § 5903. Commencement of delinquency proceedings - last updated January 01, 2022 | https://codes.findlaw.com/de/title-18-insurance-code/de-code-sect-18-5903/
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