Delaware · Senate Bill 354 · 153rd General Assembly

AN ACT TO AMEND TITLE 18 OF THE DELAWARE CODE RELATING TO INSURANCE AND FINANCIAL INTERMEDIARIES

SB 354 Sponsored by Darius J. Brown In committee

  1. Introduced Jun 30, 2026
  2. In committee Jun 30, 2026
  3. Passed the Senate Next
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

This Act clarifies that a securities intermediary or bank acting solely in an administrative, trustee or custodial capacity shall not incur liability for receipt of policy proceeds. This Act also preserves recovery rights against investors and applies only to actions brought on or after the date of enactment of this Act into law.

Every action

1 step, oldest first, as the legislature records them.

  1. CommitteeIntroduced and Assigned to Executive Committee in Senate · Senate Executive

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Delaware's official records (legis.delaware.gov), checked Nov 1, 2026. Text links go to the official versions; LegiList does not copy bill text.