Delaware Code § 18-1316

Equipment trust certificates
Open in Lexace · Ask the AI about this section
An insurer may invest in equipment trust obligations or certificates adequately secured and evidencing an interest in transportation
equipment used wholly or in part within the United States of America or Canada, which obligations or certificates carry the right to receive
determined portions of rental, purchase or other fixed obligatory payments to be made for the use or purchase of such transportation
equipment.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.