An insurer may invest in:
(1) A bank's common trust fund as defined in § 584 of the United States Internal Revenue Code of 1954 [26 U.S.C. § 584]; and
(2) The securities of any open-end or closed-end management type investment company or investment trust registered with the Federal Securities and Exchange Commission under the Investment Company Act of 1940 [15 U.S.C. § 80a-1 et seq.] as from time to time amended, if such investment company or trust has assets of not less than $25,000,000 as at date of investment by the insurer.
Structure Delaware Code
§ 1303. General qualifications.
§ 1304. Authorization; record of investments.
§ 1307. Obligations and stock of certain federal and international agencies.
§ 1308. Corporate obligations.
§ 1309. Corporate obligations; terms defined.
§ 1310. Preferred or guaranteed stocks.
§ 1311. Common stocks; limited partnerships.
§ 1313. Stock of subsidiaries.
§ 1314. Common trust funds; mutual funds.
§ 1315. Bankers' acceptances; bills of exchange.
§ 1316. Equipment trust certificates.
§ 1319. Savings and share accounts.
§ 1320. Miscellaneous investments.
§ 1321. Investments in foreign countries.
§ 1322. Special investments of title insurers.
§ 1323. Real estate mortgages.
§ 1325. Time limit for disposal of real estate.
§ 1326. Time limit for disposal of other ineligible property and securities.
§ 1327. Failure to dispose of real estate or securities; effect; penalty.
§ 1328. Prohibited investments and investment underwriting.
§ 1329. Investments of foreign insurers.
§ 1333. Rules and regulations [For application of this section, see 79 Del. Laws, c. 207, § 3].