1 Del. Admin. Code § 709-3-5.0

Current through Register Vol. 28, No. 7, January 1, 2025

Section 709-3-5.0 - Financial backing and responsibility

5.1 The proposed fire company shall submit to the Commission bank statements, financial reports, notarized letters of financial backing, and any other information required to establish whether the company has the financial means and backing to acquire property, buildings, training, and equipment to provide adequate fire protection in accordance with recognized safety standards to the area it serves and maintain an effective fire company for the fire protection needs of the area involved.

5.2 An annual financial statement and reports of training shall be submitted to the Commission no later than 3 months after the close of the fire company's first fiscal year.

5.3 Annual Inventory reports shall be submitted in a manner prescribed by the Commission.

1 Del. Admin. Code § 709-3-5.0

26 DE Reg. 937 (5/1/2023) (final)