Delaware § 1418 - Accreditation of bonds for investment purposes.
Full text of Delaware Delaware Code § 1418 — Accreditation of bonds for investment purposes., with citation guidance and answers to common questions.
§ 1418. Accreditation of bonds for investment purposes.
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 obligations of the State is now or may hereafter be authorized by law.
16 Del. C. 1953, § 1418; 49 Del. Laws, c. 417.;Source: official Delaware text · Last verified 2026-08-27
Frequently Asked Questions About Delaware § 1418
What does Delaware Code § 1418 cover?
Section 1418 ("Accreditation of bonds for investment purposes.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Delaware § 1418?
A common citation format is "Delaware Code § 1418" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Delaware law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.
How does Delaware § 1418 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.