Delaware bills · 153rd General Assembly (2025-2026)
Delaware SB 354
AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE AND FINANCIAL INTERMEDIARIES
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Darius J. Brown (Democratic)
Summary
Official abstract published by the Delaware legislature· synopsis
This Act clarifies that a securities intermediary or bank acting solely in an administrative, trustee or custodial capacity shall not incur liability for receipt of policy proceeds. This Act also preserves recovery rights against investors and applies only to actions brought on or after the date of enactment of this Act into law.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jun 30, 2026 · Senate
Introduced and Assigned to Executive Committee in Senate