Del. Code tit. 18 § 6962

Current through 2024 Legislative Session Act Chapter 269

Section 6962 - Books and records

Notwithstanding § 6907 of this title, a special purpose financial captive insurance company shall calculate reserves and otherwise report using statutory accounting principles, unless the Commissioner requires, approves, or accepts the use of generally accepted accounting principles or international accounting standards, in either case with any appropriate or necessary modifications or adaptations thereof required or approved or accepted by the Commissioner, and as supplemented by additional information required by the Commissioner.

18 Del. C. § 6962

76 Del. Laws, c. 161, § 15.;