Insurance coverage [For application of this section, see 85 Del. Laws, c. 346, § 9].

Del. Code tit. 5, § 797K
in effect
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A family trust company shall at all times maintain a director, officer and employee dishonesty bond in the amount of at least $1,000,000. In addition, a family trust company that is subject to the minimum capital and surplus requirements under § 797F of this title shall at all times maintain general liability and errors and omissions insurance coverage in an amount of at least $5,000,000 per occurrence. The insurance coverage required by this section may be in any form and may be paid for by the family trust company or its affiliates.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c007/sc09/index.htmlFetched: 10/4/2026

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