5 Del. C. § 164: Notice and hearing.
Where this section sits in the code
- Title 5. Banking
- State Banking Agencies
- CHAPTER 1. State Bank Commissioner
- Subchapter III. Change in Bank Control
Having decided to disapprove any proposed acquisition the Commissioner shall promptly notify the acquiring party in writing of the disapproval. Such notice shall provide a statement for the basis of the disapproval. Within 10 days after the receipt of such notice of disapproval, the acquiring party may request a hearing before the Bank Commissioner on the proposed acquisition. The hearing shall be conducted in accordance with the provisions of Chapter 101 of Title 29.
Collected 2026-09-05T23:02:04Z. Source file · JSON