The Commissioner, on a case by case basis, may by order exempt a special purpose captive insurance company from the provisions of this chapter and any rule or regulation established by the Commissioner pursuant to § 6915 of this title that, as reasonably determined by the Commissioner based on such factors deemed relevant by the Commissioner consistent with the purposes of this chapter, are inappropriate to apply to such special purpose captive insurance company.
Del. Code tit. 18, § 6915A
Exemption from rules and regulations; special purpose captive insurance companies
Known as the Delaware Revised Captive Insurance Company Act
The act spans §§ 18–18 (55 sections).
75 Del
Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.