5 Del. C. § 2306: Application and license fees [For application of this section, see 85 Del. Laws, c. 338, § 3].
Where this section sits in the code
- Title 5. Banking
- Other Businesses Under Jurisdiction of State Banking Department
- CHAPTER 23. Money Transmission and Virtual Currency [For application of this chapter, see 85 Del. Laws, c. 338, § 3]
- Subchapter II. Licensing [For application of this subchapter, see 85 Del. Laws, c. 338, § 3]
(a) An application for a license must be in writing on a form the Commissioner prescribes. The application must include all of the following:
(1) The legal name and every address where the applicant will conduct business.
(2) If the applicant is a partnership, association, corporation, or other form of business organization, the name and address of each member, director, and principal officer.
(3) A description of the applicant’s activities in detail and for the periods the Commissioner requires.
(4) Other information the Commissioner requires.
(b) At the time of application, or during an investigation of the application, the Commissioner may require any of the following individuals provide a complete set of fingerprints for a criminal background investigation:
(1) The applicant or the applicant’s spouse.
(2) A principal of the applicant.
(3) An individual who is a person in control of the applicant.
(4) A proposed key individual.
(5) Any other individual associated with the applicant and the proposed licensed activities.
(c) The applicant shall provide the fingerprints to the Commissioner or a designee of the Commissioner for the background investigation.
(d) At the time of application, the applicant shall pay to the Commissioner a nonrefundable investigation fee of $172.50.
Collected 2026-09-05T23:02:05Z. Source file · JSON