# 31 Del. C. § 4018: § Â 4018. Bonds as legal investments for institutions and fiduciaries and as legal deposit

> Delaware · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4018

## Section

- **Citation:** 31 Del. C. § 4018
- **Heading:** § Â 4018. Bonds as legal investments for institutions and fiduciaries and as legal deposit
- **Jurisdiction:** Delaware
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Delaware Code / Title 31 / Chapter 40 / Subchapter II / Section 4018

## Text

The bonds issued under the authority of this chapter are declared to be securities in which all state and municipal officers and administrative departments, boards and commissions of the State, all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies and other persons carrying on a banking business, all insurance companies, insurance associations and other persons carrying on an insurance business and all administrators, executors, guardians, trustees and other fiduciaries and all other persons whatsoever who now or may be authorized to invest in bonds or other obligations of this State, may properly and legally invest any funds, including capital belonging to them or within their control, and such bonds are declared securities which may properly and legally be deposited with and received by any state, county or municipal officer or agency of this State for any purpose for which the deposit of bonds or other obligations of this State is now or may hereafter be authorized by law.

## Nearby sections

- [31 Del. C. § 4010 § Â
        4010. Creation.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4010.md)
- [31 Del. C. § 4011 § Â
        4011. DSHA to contract for labor or materials.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4011.md)
- [31 Del. C. § 4012 § Â
        4012. Seal of DSHA.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4012.md)
- [31 Del. C. § 4013 § Â
        4013. Powers of DSHA.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4013.md)
- [31 Del. C. § 4014 § Â
        4014. Liberal construction.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4014.md)
- [31 Del. C. § 4015 § Â
        4015. Audit of books and accounts.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4015.md)
- [31 Del. C. § 4016 § Â
        4016. Bonds.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4016.md)
- [31 Del. C. § 4017 § Â
        4017. Forms and terms of bonds; disposition of proceeds.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4017.md)
- [31 Del. C. § 4018 § Â
        4018. Bonds as legal investments for institutions and fiduciaries and as legal deposit.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4018.md)
- [31 Del. C. § 4019 § Â
        4019. Credit of State not pledged.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4019.md)
- [31 Del. C. § 4020 § Â
        4020. Capital Reserve Fund.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4020.md)
- [31 Del. C. § 4021 § Â
        4021. Provisions of bonds and mortgages.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4021.md)
- [31 Del. C. § 4022 § Â
        4022. Trust indenture.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4022.md)
- [31 Del. C. § 4023 § Â
        4023. Remedies of bondholders and trustees.](https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4023.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_DE_T31_C40_SII_S4018. Check the current official text before relying on it. Not legal advice.