Authorization; record of investments.

Del. Code tit. 18, § 1304
in effect
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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.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title18/c013/index.htmlFetched: 10/4/2026

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