Refunds. — Delaware Code § 417
Delaware Code § 417 — Refunds.. Reproduced from the official Delaware Code, with a citation summary, verification link, and related provisions.
§ 417. Refunds.
(a) Any moneys for a fund year in excess of the amount necessary to fund all obligations for that fund year may be declared to be refundable by the board of trustees not less than 12 months after the end of the fund year with the Commissioner’s approval.
(b) Each member shall be given a written description of the refund plan at the time of application for membership. A refund for any fund year shall be paid only to those employers who remain participants in the group for the entire fund year. Payment of a refund based on a previous fund year shall not be contingent on continued membership in the group after that fund year.
70 Del. Laws, c. 540, § 1;Source: official Delaware text · Last verified 2026-08-27
At a glance
- Citation: Delaware Code § 417
- Jurisdiction: Delaware
- Code: Delaware Code
- Subject: Refunds.
- Text: transcribed from the official source (verify below)
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Common questions
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What subject does Delaware Code § 417 address?
It addresses "Refunds.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Delaware Code § 417 still in force?
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