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§ 1110 — Delaware Law | CourtGPT
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  6. Subchapter II - Liabilities and Reserves§ 1103. Liabilities, in General/
  7. § 1110
Delaware Legal Code

§ 1110

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Casualty or surety insurers insuring real property mortgage lenders against loss by reason of nonpayment of the mortgage indebtedness by the borrower shall maintain a contingency reserve for the protection of policyholders against the effects of adverse economic cycles.18 Del. C. 1953, § 1110; 56 Del. Laws, c. 380, § 1; 74 Del. Laws, c. 214, § 5;