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

5 Del. C. § 2321: Maintenance of permissible investments [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 IV. Records and Reporting [For application of this subchapter, see 85 Del. Laws, c. 338, § 3]

(a) A licensee shall maintain at all times permissible investments with a market value of at least the aggregate amount of all its outstanding money transmission obligations. The market value must be computed under United States generally accepted accounting principles.

(b) The licensee shall maintain permissible investments in a manner the Commissioner prescribes by regulation.

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

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