Delaware Statutes

§ 1315 — Bankers’ acceptances; bills of exchange

Delaware·Title 18·Part Insurance·Ch. 13 INVESTMENTS
An insurer may invest in bankers’ acceptances and bills of exchange of the kinds and maturities made eligible by law for rediscount with Federal Reserve Banks, and generally accepted by banks or trust companies which are members of the Federal Reserve System.

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Legislative History

18 Del. C. 1953, § 1315; 56 Del. Laws, c. 380, § 1

Nearby Sections

15
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