Delaware Statutes
§ 1304 — Authorization; record of investments
Delaware § 1304
This text of Delaware § 1304 (Authorization; record of investments) 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. 18, § 1304 (2026).
Text
An insurer shall not make any investment or loan (other than policy loans or annuity contract loans of a life insurer) unless the same is authorized or approved by the insurer’s board of directors or by a committee thereof charged with supervision of investments and loans. The insurer shall maintain a full record of each investment.
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Legislative History
18 Del. C. 1953, § 1304; 56 Del. Laws, c. 380, § 1 ; 59 Del. Laws, c. 79, § 3
Nearby Sections
15
§ 1301
Scope of chapter§ 1302
Eligible investments§ 1303
General qualifications§ 1305
Diversification§ 1306
Public obligations§ 1308
Corporate obligations§ 1312
Insurance stocks§ 1313
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Bluebook (online)
Delaware § 1304, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/18/1304.