Del. Code tit. 18 § 536

Current through 2024 Legislative Session Act Chapter 531
Section 536 - "Funding agreement" defined

A "funding agreement" is an agreement for an insurer to accept and accumulate funds and to make one or more payments at future dates in amounts that are not based on mortality or morbidity contingencies (of the holder of the funding agreement).

18 Del. C. § 536

Added by Laws 2015, ch. 268,s 1, eff. 6/22/2016.