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the Maine Revised Statutes
2011 Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 13: INVESTMENTS
24-A §1118. Acceptances, bills of exchange
Universal Citation:
24-A ME Rev Stat § 1118 (2011 through 125th Legis)
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§1118. Acceptances, bills of exchange
An insurer may invest in bank and bankers' acceptances and other bills of exchange of the kind and maturities made eligible, pursuant to law, for purchase in the open market by federal reserve banks. [1969, c. 132, §1 (NEW).]
SECTION HISTORY
1969, c. 132, §1 (NEW).
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