5 Del. C. § 3513: Reciprocal recognition [For application of this section, see 85 Del. Laws, c. 339, § 2].
Where this section sits in the code
- Title 5. Banking
- Other Businesses Under Jurisdiction of State Banking Department
- CHAPTER 35. Delaware Payment Stablecoins Act [For application of this chapter, see 85 Del. Laws, c. 339, § 2]
- 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