Del. Code tit. 18 § 6308

Current through 2024 Legislative Session Act Chapter 531

Section 6308 - Suspension or revocation of authority to do business

The Commissioner may, after hearing, suspend or revoke the right to do business or the certificate of authority for any of the following causes:

(1) If the corporation is no longer qualified therefor under this chapter;

(2) For a violation by the corporation of a provision of this chapter; or

(3) Upon any applicable ground under this chapter or any of the chapters specified in § 6309 of this title for which the certificate of authority of an insurer may be suspended or revoked.

18 Del. C. § 6308

18 Del. C. 1953, § 6308; 56 Del. Laws, c. 380, § 1.;