Del. Code tit. 18 § 1514

Current through 2024 Legislative Session Act Chapter 510

Section 1514 - Commissioner's liability

If the Commissioner wilfully fails faithfully to require, deposit, keep, account, and receipt for, or surrender in the manner by law authorized or required any assets as provided in this title, the Commissioner shall be responsible upon his/her official bond therefor and suit may be brought upon his/her bond by any person injured by such failure; and the Commissioner so offending shall be guilty of a felony, and fined not more than $10,000 and imprisoned not less than 2 years or more than 10 years.

18 Del. C. § 1514

18 Del. C. 1953, § 1515; 56 Del. Laws, c. 380, § 1; 70 Del. Laws, c. 186, § 1.;