# 18 Del. C. § 5907: § Â 5907. Grounds for conservation; foreign insurers

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T18_C59_SI_S5907

## Section

- **Citation:** 18 Del. C. § 5907
- **Heading:** § Â 5907. Grounds for conservation; foreign insurers
- **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 5907

## Text

The Commissioner may apply to the court for an order appointing the Commissioner as receiver or ancillary receiver and directing him or her to conserve the assets within this State, of a foreign insurer upon any of the following grounds:

(1) Upon any of the grounds specified in § 5905 or § 5906 of this title, or

(2) Upon the ground that its property has been sequestrated in its domiciliary sovereignty or in any other sovereignty.

## Nearby sections

- [18 Del. C. § 5901 § Â
        5901. Definitions [For application of this section, see 79 Del. Laws, c. 207, Â 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, Â 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 — 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 insurer’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_S5907. Check the current official text before relying on it. Not legal advice.