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Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

5 Del. C. § 164: Notice and hearing.

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Where this section sits in the code
  1. Title 5. Banking
  2. State Banking Agencies
  3. CHAPTER 1. State Bank Commissioner
  4. 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

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