31 chapters · 735 sections in this title.
5 Del. C. § 3401. Definitions.
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§ 3401. Definitions. As used in this chapter, unless the context requires otherwise: (1) “Commissioner” means the State Bank Commissioner. (2) “Insured institution” means an insured depository institution (as defined in the Federal Deposit Insurance Act at 12 U.S.C. § 1813(c)(2))…
5 Del. C. § 3402. Preneed payments and increment as trust funds; disbursement of funds; exceptions.
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§ 3402. Preneed payments and increment as trust funds; disbursement of funds; exceptions. (a) All payments of money made to any person, partnership, association or corporation upon any agreement or contract, or any series or combination of agreements or contract, but not includin…
5 Del. C. § 3403. Revocable trust accounts; refund to persons making payments.
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§ 3403. Revocable trust accounts; refund to persons making payments. (a) Except as provided in § 3404 of this title, upon the giving of 15 days’ written notice, any person, partnership or corporation who has paid funds for a preneed funeral service may demand a refund of the enti…
5 Del. C. § 3404. Irrevocable trust accounts.
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§ 3404. Irrevocable trust accounts. (a) Any person, partnership or corporation who enters into a preneed funeral contract has the option, at any time, to establish an irrevocable trust for all funds or any portion of payments made or to be made under the agreement, contract or pl…