Del. Code tit. 18 § 5712

Current through 2024 Legislative Session Act Chapter 510
Section 5712 - Action on bond

Action on the attorney's bond or to recover against any such deposit made in lieu thereof may be brought at any time by 1 or more subscribers suffering loss through a violation of its conditions or by a receiver or liquidator of the insurer. Amounts recovered on the bond shall be deposited in and become part of the insurer's funds. The total aggregate liability of the surety shall be limited to the amount of the penalty of such bond.

18 Del. C. § 5712

18 Del. C. 1953, § 5712; 56 Del. Laws, c. 380, § 1.;