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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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