(a) A reciprocal insurer shall not be a life insurer.

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(b) A title insurer shall be a stock insurer and shall not transact any other kind of insurance. This provision shall not prohibit acceptance of reinsurance of title insurance risks by insurers not otherwise authorized to transact title insurance.

18 Del. C. 1953, § ?510; 56 Del. Laws, c. 380, § ?1;