Delaware Code Title 18 Sec. 5522 – Dissolution
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Upon the withdrawal of its guaranty fund deposit as provided in § 5509(e) of this title, the directors or governing body of the association shall forthwith cause the association to be dissolved in accordance with the applicable laws of this State and shall file proper evidence of such dissolution with the Commissioner.
18 Del. C. 1953, § ?5522; 56 Del. Laws, c. 380, § ?1;
Terms Used In Delaware Code Title 18 Sec. 5522
- Association: means a mutual benefit association as defined in this section. See Delaware Code Title 18 Sec. 5502
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302