# 18 Del. C. § 5904: § Â 5904. Injunctions [For application of this section, see 79 Del. Laws, c. 207, Ââ3]

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5904

## Section

- **Citation:** 18 Del. C. § 5904
- **Heading:** § Â 5904. Injunctions [For application of this section, see 79 Del. Laws, c. 207, Ââ3]
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 18 / Chapter 59 / Subchapter I / Section 5904

## Text

(a) Upon application by the Commissioner for such an order to show cause, or at any time thereafter, the court may without notice issue an injunction restraining the insurer, its officers, directors, stockholders, members, subscribers, agents and all other persons from the transaction of its business or the waste or disposition of its property until the further order of the court.

(b) The court may at any time during a proceeding under this chapter issue such other injunctions or orders as may be deemed necessary to prevent interference with the Commissioner or the proceeding or waste of the assets of the insurer or the commencement or prosecution of any actions or the obtaining of preferences, judgments, attachments or other liens or the making of any levy against the insurer or against its assets or any part thereof.

(c) Notwithstanding any other provision of law, no bond shall be required of the Commissioner as a prerequisite for the issuance of any injunction or restraining order pursuant to this section.

(d) Notwithstanding subsection (a) of this section above, or any other provision of this chapter to the contrary, the commencement of a delinquency proceeding with respect to an insurer-member shall not operate as a stay, injunction or prohibition of the exercise by an FHLBank of its rights regarding collateral pledged by such insurer-member.

## Nearby sections

- [18 Del. C. § 5901 § Â
        5901. Definitions [For application of this section, see 79 Del. Laws, c. 207, Ââ3].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5901.md)
- [18 Del. C. § 5902 § Â
        5902. Jurisdiction of delinquency proceedings; venue; change of venue; exclusiveness of remedy; appeal.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5902.md)
- [18 Del. C. § 5903 § Â
        5903. Commencement of delinquency proceedings.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5903.md)
- [18 Del. C. § 5904 § Â
        5904. Injunctions [For application of this section, see 79 Del. Laws, c. 207, Ââ3].](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5904.md)
- [18 Del. C. § 5904A § Â
        5904A. Proceedings against bank insurance division.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5904A.md)
- [18 Del. C. § 5905 § Â
        5905. Grounds for rehabilitation; domestic insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5905.md)
- [18 Del. C. § 5906 § Â
        5906. Grounds for liquidation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5906.md)
- [18 Del. C. § 5907 § Â
        5907. Grounds for conservation; foreign insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5907.md)
- [18 Del. C. § 5908 § Â
        5908. Grounds for conservation â Alien insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5908.md)
- [18 Del. C. § 5909 § Â
        5909. Grounds for ancillary liquidation; foreign insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5909.md)
- [18 Del. C. § 5910 § Â
        5910. Order of rehabilitation; termination.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5910.md)
- [18 Del. C. § 5911 § Â
        5911. Order of liquidation; domestic insurers; insolvent insurerâs assets.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5911.md)
- [18 Del. C. § 5912 § Â
        5912. Order of conservation or ancillary liquidation of foreign or alien insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5912.md)
- [18 Del. C. § 5913 § Â
        5913. Conduct of delinquent proceedings against domestic and alien insurers.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5913.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5904. Check the current official text before relying on it. Not legal advice.
