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MAINE STATUTES AND CODES

24-A §1118. Acceptances, bills of exchange

Title 24-A: MAINE INSURANCE CODE

Chapter 13: INVESTMENTS

§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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