Licensure. — Delaware Code § 1803
Delaware Code § 1803 — Licensure.. Reproduced from the official Delaware Code, with a citation summary, verification link, and related provisions.
§ 1803. Licensure.
(a) No person, firm, association or corporation shall act in the capacity of an MGA with respect to risks located in this State for an insurer licensed in this State unless such person is a licensed producer in this State.
(b) No person, firm, association or corporation shall act in the capacity of an MGA representing an insurer domiciled in this State with respect to risks located outside this State unless such person is licensed as a producer in this State (such license may be a nonresident license) pursuant to this chapter.
(c) The Commissioner may require a bond in an amount acceptable to the Commissioner for the protection of the insurer.
(d) The Commissioner may require the MGA to maintain an errors and omissions policy.
68 Del. Laws, c. 68, § 1; 70 Del. Laws, c. 186, § 1;Source: official Delaware text · Last verified 2026-08-27
At a glance
- Citation: Delaware Code § 1803
- Jurisdiction: Delaware
- Code: Delaware Code
- Subject: Licensure.
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Delaware Code. Confirm it against the primary source before relying on it:
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Common questions
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What subject does Delaware Code § 1803 address?
It addresses "Licensure.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Delaware Code § 1803 still in force?
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