Delaware Statutes
§ 1316 — Equipment trust certificates
An insurer may invest in equipment trust obligations or certificates adequately secured and evidencing an interest in transportation equipment used wholly or in part within the United States of America or Canada, which obligations or certificates carry the right to receive determined portions of rental, purchase or other fixed obligatory payments to be made for the use or purchase of such transportation equipment.
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Legislative History
18 Del. C. 1953, § 1316; 56 Del. Laws, c. 380, § 1 ; 59 Del. Laws, c. 79, § 17
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
Stock of subsidiaries