CHAPTER 206
FORMERLY
HOUSE BILL NO. 192
AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO LIFE INSURANCE.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :
Section 1. Amend §5518, Chapter 55, Title 18 of the Delaware Code by striking said section in its entirety and substituting in lieu thereof the following:
“No certificate of membership issued by any association shall provide for death benefits in excess of $100,000.00 or sickness of accident disability benefits in excess of $1,000.00 per week. No association shall issue more than one (1) of each of the above types of certificates of membership to any one (1) person.”.