5 Del. Admin. Code 900, 903 - Mandatory Disclosure of Certain Information by Delaware Banks or Trust Companies Engaging in the Business of Insurance

5 Del.C. § 929, § 930, § 930A

Formerly Regulation No.: 5.929/930/930A.0003

Effective Date: February 15, 1993

The Bank and Trust Company Insurance Act of 1989, (67 Del.Laws C. 223) requires banks and trust companies engaging in the business of insurance to disclose certain information to their customers. Such banks and trust companies acting as insurers and transacting the business of insurance pursuant to 5 Del.C. § 761 (a)(14) are generally bound by Title 18 of the Delaware Code. (See also Regulation 66 promulgated by the Department of Insurance, which governs the mandatory disclosure of certain information by such banks or trust companies.)