GroundRules
5 Del. C. § 781: Definitions.
Where this section sits in the code
- Title 5. Banking
- Banks and Trust Companies
- CHAPTER 7. Corporation Law for State Banks and Trust Companies
- Subchapter VI. Merger, Consolidation or Conversion of National, State Bank or Trust Company
As used in this subchapter:
(1) “Bank” means a state or a national bank.
(2) “Continuing bank” means a merging bank, the charter of which becomes the charter of the resulting bank.
(3) “Converting bank” means a bank converted from a state to a national bank, or the reverse.
(4) “Merger” includes consolidation.
(5) “Merging bank” means a party to a merger.
(6) “National bank” means a national bank association located in this State.
(7) “Resulting bank” means the bank resulting from a merger or conversion.
(8) “State bank” means a bank or trust company chartered under the laws of this State.
Collected 2026-09-05T23:02:04Z. Source file · JSON