Delaware § 7208 - Notice of intent to operate as a risk-assuming carrier.
Full text of Delaware Delaware Code § 7208 — Notice of intent to operate as a risk-assuming carrier., with citation guidance and answers to common questions.
§ 7208. Notice of intent to operate as a risk-assuming carrier.
(a) (1) Each small employer carrier desiring to operate as a risk-assuming carrier shall make application to the Commissioner within 30 days of January 4, 1993 to operate as a risk-assuming carrier, pursuant to § 7209 of this title.
(2) The Commissioner may permit a carrier to modify its status at any time for good cause shown.
(3) The Commissioner shall establish an application process for small employer carriers seeking to change their status under this subsection.
(b) A reinsuring carrier that applies and is approved to operate as a risk-assuming carrier shall not be permitted to continue to reinsure any health benefit plan with the Program. Such a carrier shall pay a prorated assessment based upon business issued as a reinsuring carrier for any portion of the year that the business was reinsured.
68 Del. Laws, c. 340, § 1;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 7208
What does Delaware Code § 7208 cover?
Section 7208 ("Notice of intent to operate as a risk-assuming carrier.") 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 § 7208?
A common citation format is "Delaware Code § 7208" (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 § 7208 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.