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.
Structure Delaware Code
Chapter 14. WATER AND/OR SEWER AUTHORITIES
§ 1403. Amendment of articles of incorporation.
§ 1404. Withdrawal or joinder of municipalities; procedure.
§ 1405. Exercise of powers by governing body; composition; quorum; personnel; salaries; records.
§ 1410. Exemption of projects from taxes.
§ 1411. Fixed charges in connection with projects; regulation of sewage; water meter readings.
§ 1413. Connection with sewerage system by abutting property owners; conditions.
§ 1414. Provisions permitted for inclusion in resolutions or trust agreements providing for bonds.
§ 1415. Moneys received as trust funds; fiscal agents to act as trustees.
§ 1416. Rights of bondholders and trustees.
§ 1418. Accreditation of bonds for investment purposes.
§ 1419. Transfer of interest by municipalities; use of certain lands; powers of municipalities.
§ 1420. Transfer of projects to municipalities; conditions; termination of authorities.
§ 1420A. Incorporation of project within other governmental system; assumption of debt.