Delaware Statutes

§ 1418 — Accreditation of bonds for investment purposes

Delaware § 1418
JurisdictionDelaware
Title16
PartRegulatory Provisions Concerning Public Health
Ch. 14Water and Sewer Authorities

This text of Delaware § 1418 (Accreditation of bonds for investment purposes) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Del. Code tit. 16, § 1418 (2026).

Text

Bonds issued under this chapter are made securities in which all public officers and public agencies of the State and its political subdivisions, and all bonds, trust companies, savings and loan associations, investment companies and others carrying on a banking business, all insurance companies and insurance associations and others carrying on an insurance business, all administrators, executors, guardians, trustees and other fiduciaries and other persons may legally and properly invest funds, including capital in their control or belonging to them. Such bonds are made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the State for any purpose for which the deposit of bonds or other obligati

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Legislative History

16 Del. C. 1953, § 1418; 49 Del. Laws, c. 417.

Nearby Sections

15
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Bluebook (online)
Delaware § 1418, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/16/1418.