Any building and loan association doing business in this State may borrow from any Federal Home Loan Bank to any amount within the regulations of the Federal Home Loan Bank and may secure advances from the Federal Home Loan Bank by the assignment or pledge of any mortgage, mortgages, or other assets, held by the building and loan association, and the building and loan association is authorized in securing advances to comply with such regulations, restrictions and limitations as the board of the Federal Home Loan Bank prescribes.
Structure Delaware Code
Chapter 19. POWERS AND CONDUCT OF BUSINESS
§ 1901. Members of association.
§ 1902. Special powers of domestic association.
§ 1903. Authorized plans of operation.
§ 1906. Premiums, fines and fees.
§ 1907. Withdrawal value of shares.
§ 1908. Investment of association's funds in corporate stock.
§ 1909. Membership in Federal Home Loan Bank.
§ 1910. Borrowing from Federal Home Loan Bank.
§ 1911. Power to borrow generally.
§ 1912. Limitation on loans not secured by first mortgage on real estate.
§ 1918. Investments standing in the name of decedents.
§ 1919. Investments standing in the names of 2 or more persons.