Delaware § 5717 - Subscribers’ advisory committee.
Full text of Delaware Delaware Code § 5717 — Subscribers’ advisory committee., with citation guidance and answers to common questions.
§ 5717. Subscribers’ advisory committee.
(a) The advisory committee of a domestic reciprocal insurer exercising the subscribers’ rights shall be selected under such rules as the subscribers adopt.
(b) Not less than 2/3 of such committee shall be subscribers other than the attorney or any person employed by, representing or having a financial interest in the attorney.
(c) The committee shall:
(1) Supervise the finances of the insurer;
(2) Supervise the insurer’s operations to such extent as to assure conformity with the subscribers’ agreement and power of attorney;
(3) Procure the audit of the accounts and records of the insurer and of the attorney at the expense of the insurer; and
(4) Have such additional powers and functions as may be conferred by the subscribers’ agreement.
18 Del. C. 1953, § 5717; 56 Del. Laws, c. 380, § 1;Frequently Asked Questions About Delaware § 5717
What does Delaware Code § 5717 cover?
Section 5717 ("Subscribers’ advisory committee.") 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 § 5717?
A common citation format is "Delaware Code § 5717" (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 § 5717 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.