Sanctions. — Delaware Code § 8509
Delaware Code § 8509 — Sanctions.. Reproduced from the official Delaware Code, with a citation summary, verification link, and related provisions.
§ 8509. Sanctions.
Any insurer failing, without just cause, to timely file the CGAD as required in this chapter shall be required, after notice and hearing, to pay a penalty of $500 for each day’s delay, to be recovered by the Commissioner and the penalty so recovered shall be paid into the General Fund. The maximum penalty under this section is $25,000. The Commissioner may reduce the penalty if the insurer demonstrates to the Commissioner that the imposition of the penalty would constitute a financial hardship to the insurer.
81 Del. Laws, c. 119, § 1;Source: official Delaware text · Last verified 2026-08-27
At a glance
- Citation: Delaware Code § 8509
- Jurisdiction: Delaware
- Code: Delaware Code
- Subject: Sanctions.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Delaware Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Delaware attorney.
Common questions
What is the source of Delaware Code § 8509?
The text above is transcribed from the Delaware Code, the codified statutes of Delaware. The official publisher link appears under "Verify the text" on this page.
What subject does Delaware Code § 8509 address?
It addresses "Sanctions.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Delaware Code § 8509 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Delaware source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Delaware law to your facts requires a licensed Delaware attorney who can review the specifics.