Delaware § 103 - “Transacting insurance” defined.
Full text of Delaware Delaware Code § 103 — “Transacting insurance” defined., with citation guidance and answers to common questions.
§ 103. “Transacting insurance” defined.
In addition to other aspects of insurance operations to which provisions of this title by their terms apply, “transact” with respect to a business of insurance includes any of the following:
(1) Solicitation or inducement;
(2) Negotiations;
(3) Effectuation of a contract of insurance;
(4) Transaction of matters subsequent to effectuation and arising out of such a contract.
18 Del. C. 1953, § 103; 56 Del. Laws, c. 380, § 1;Frequently Asked Questions About Delaware § 103
What does Delaware Code § 103 cover?
Section 103 ("“Transacting insurance” defined.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 103?
A common citation format is "Delaware Code § 103" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.