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Delaware Code Title 18. Insurance Code § 1318. Collateral loans

Current as of January 01, 2026 | Updated by Findlaw Staff

An insurer may lend and thereby invest its funds upon the pledge of securities eligible for investment under this chapter.  As at date made, no such loan shall exceed in amount 100% of the market value of such collateral pledged.  The amount so loaned shall be included pro rata in determining the maximum percentage of funds permitted under this chapter to be invested in the respective categories of securities so pledged.

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Cite this article: FindLaw.com - Delaware Code Title 18. Insurance Code § 1318. Collateral loans - last updated January 01, 2026 | https://codes.findlaw.com/de/title-18-insurance-code/de-code-sect-18-1318/

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