In addition to other aspects of insurance operations to which provisions of this title by their terms apply, “transact” with respect to a business of insurance includes any of the following:
(1) Solicitation or inducement;
(2) Negotiations;
(3) Effectuation of a contract of insurance;
(4) Transaction of matters subsequent to effectuation and arising out of such a contract.
18 Del. C. 1953, § 103; 56 Del. Laws, c. 380, § 1.
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