18 Del. Admin. Code § 1801-13.0
Current through Register Vol. 28, No. 5, November 1, 2024
Section 1801-13.0 - Pre-Acquisition Notification13.1 If a domestic insurer, including any person controlling a domestic insurer, is proposing a merger or acquisition pursuant to Section 5003(a) of the Act, that person shall file a pre-acquisition notification form, Form E, which was developed pursuant to Section 5003A(c)(1) of the Act.13.2 Additionally, if a non-domiciliary insurer licensed to do business in this state is proposing a merger or acquisition pursuant to Section 5003A of the Act, that person shall file a pre-acquisition notification form, Form E. No pre acquisition notification form need be filed if the acquisition is beyond the scope of Section 5003A as set forth in Section 5003A(b)(2).13.3 In addition to the information required by Form E, the Commissioner may wish to require an expert opinion as to the competitive impact of the proposed acquisition.18 Del. Admin. Code § 1801-13.0
19 DE Reg. 642 (1/1/2016) (Final)