Bill Commons

DE SB 354

Status unknown

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

Delaware · 2025-2026 Regular Session (153rd General Assembly) · upper

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Quick answers

Did DE SB 354 pass?

The current status of DE SB 354 is not known from the official record. Latest recorded action (2026-06-30): Introduced and Assigned to Executive Committee in Senate

What is DE SB 354 about?

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.

Who sponsors DE SB 354?

Darius J. Brown is the primary sponsor of DE SB 354.

Description

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.

Introduced
2026-06-30
Latest action
2026-06-30 — Introduced and Assigned to Executive Committee in Senate
Bill type
bill
Last updated
—

Sponsors

  • Darius J. Brownprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-06-30

    Introduced and Assigned to Executive Committee in Senate

    introduction,referral-committee

Versions

Not provided by source.

Documents

Not provided by source.

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legis.delaware.gov/BillDetail?LegislationId=143682

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T03:53:51.443619Z

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