Such an insurer may cede reinsurance to any insurer authorized to transact property insurance in this State other than on the assessment premium plan. An insurer doing business on the assessment premium plan shall not accept reinsurance from other insurers.

18 Del. C. 1953, § ?5304; 56 Del. Laws, c. 380, § ?1;

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Terms Used In Delaware Code Title 18 Sec. 5304

  • State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302