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

5 Del. C. § 3513: Reciprocal recognition [For application of this section, see 85 Del. Laws, c. 339, § 2].

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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 35. Delaware Payment Stablecoins Act [For application of this chapter, see 85 Del. Laws, c. 339, § 2]
  4. Subchapter III. Licensing; Digital Asset Service Provider Registration [For application of this subchapter, see 85 Del. Laws, c. 339, § 2]

(a) An applicant licensed in another state is eligible for a license in this State without full duplicative review, if all of the following conditions are satisfied:

(1) The applicant holds a valid license in good standing from the other state.

(2) The applicant submits a registration in the form required by the Commissioner, along with evidence of the applicant’s out-of-state licensure.

(b) A license issued under this section does not require the applicant to establish a separate legal entity in this State.

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

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