Delaware § 2937 - Registered policies, bonds — Additional deposits.
Full text of Delaware Delaware Code § 2937 — Registered policies, bonds — Additional deposits., with citation guidance and answers to common questions.
§ 2937. Registered policies, bonds — Additional deposits.
Each insurer which shall have registered policies or bonds outstanding shall make additional deposits from time to time, as the Commissioner may prescribe, in amounts of not less than $5,000, and of such securities as domestic life insurers are authorized by law to invest in, so that the market or amortized value of the securities on deposit shall always at least equal the net reserve required by the method and basis of valuation prescribed in §§ 1111-1113 of this title, on all the registered policies and bonds in force in the insurer.
18 Del. C. 1953, § 2938; 56 Del. Laws, c. 380, § 1;Frequently Asked Questions About Delaware § 2937
What does Delaware Code § 2937 cover?
Section 2937 ("Registered policies, bonds — Additional deposits.") 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 § 2937?
A common citation format is "Delaware Code § 2937" (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 § 2937 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.