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

5 Del. C. § 3553: Criminal penalties [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 IX. Examination, Enforcement, and Insolvency [For application of this subchapter, see 85 Del. Laws, c. 339, § 2]

(a) It is unlawful to knowingly issue a payment stablecoin without a license required by this chapter. Violation of this subsection is a class F felony.

(b) It is unlawful to knowingly make a material misrepresentation in an application for a license under this chapter. Violation of this subsection is a class F felony.

(c) It is unlawful to knowingly submit a false certification of any report or disclosure required under this chapter. Violation of this subsection is a class F felony.

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

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