Delaware § 4216 - Recognition of assessments in rates.
Full text of Delaware Delaware Code § 4216 — Recognition of assessments in rates., with citation guidance and answers to common questions.
§ 4216. Recognition of assessments in rates.
The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, and such rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.
18 Del. C. 1953, § 4216; 57 Del. Laws, c. 437.;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 4216
What does Delaware Code § 4216 cover?
Section 4216 ("Recognition of assessments in rates.") 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 § 4216?
A common citation format is "Delaware Code § 4216" (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 § 4216 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.