{"data":{"id":"us-de/18-del.-c.-1330","jurisdiction":"us-de","citation":"18 Del. C. § 1330","heading":"Personal property.","body":"An insurer may invest in tangible personal property, or interests therein evidenced by trust certificates or other instruments, and a right to receive rental, charter hire, purchase or other payments for the use or purchase of such personal property adequate to return the investment and payable or guaranteed by 1 or more governmental units or instrumentalities whose obligations would qualify for investment under § 1306 of this title (public obligations) or 1 or more institutions whose obligations would qualify for investment under § 1308(a) or under § 1308(c)(2) or (4) of this title (corporate obligations). No insurer shall make an investment pursuant to this section if the aggregate amount so invested will exceed 5% of its assets or if the aggregate amount so invested as to which such rental, charter hire, purchase or other payments are payable or guaranteed by any 1 governmental unit or instrumentality other than the United States or Canada or any 1 institution will exceed 1% of such sets.","path":["Title 18. Insurance Code","Insurance","CHAPTER 13. Investments"],"source_url":"https://delcode.delaware.gov/title18/c013/index.html#1330","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:24Z","sha256":"d39f90ca884eded93bfcc62a80f347587770bca957e52dc011697812f84fa678","source_id":"us-de","stale":true,"prev":"us-de/18-del.-c.-1329","next":"us-de/18-del.-c.-1331"},"notice":"GroundRules: Original legal text. Not legal advice."}