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

5 Del. C. § 2302: Purpose [For application of this section, see 85 Del. Laws, c. 338, § 3].

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Where this section sits in the code
  1. Title 5. Banking
  2. Other Businesses Under Jurisdiction of State Banking Department
  3. CHAPTER 23. Money Transmission and Virtual Currency [For application of this chapter, see 85 Del. Laws, c. 338, § 3]
  4. Subchapter I. General Provisions [For application of this subchapter, see 85 Del. Laws, c. 338, § 3]

It is the intent and purpose of the General Assembly that the provisions of this chapter accomplish the following:

(1) Ensure states can coordinate in all areas of regulation, licensing, and supervision to eliminate unnecessary regulatory burden and more effectively utilize regulator resources.

(2) Protect the public from financial crime.

(3) Standardize the types of activities that are subject to licensing or otherwise exempt from licensing.

(4) Modernize safety and soundness requirements to ensure customer funds are protected in an environment that supports innovative and competitive business practices.

Collected 2026-09-05T23:02:05Z. Source file · JSON

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