CHAPTER 110

INSURANCE DEPARTMENT

INCREASING REQUIREMENT FOR CERTIFICATE OF AUTHORITY

AN ACT TO AMEND CHAPTER 20 OF THE REVISED CODE OF DELAWARE, 1935, AS AMENDED, RELATING TO INSURANCE DEPARTMENT, BY INCREASING REQUIREMENTS FOR CERTIFICATE OF AUTHORITY.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That sub-paragraph (b) of paragraph (3) , of 470. Sec. 9. of Chapter 20, of the Revised Code of Delaware, 1935, as amended, be, and the same is hereby amended by striking out in the eighth line thereof, after the word "least" and before the word "thousand" the word "twenty-five" and inserting in lieu thereof the word "fifty."

Approved May 23, 1949.