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

5 Del. C. § 790: Nonconforming assets or business.

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

If a merging or converting bank has assets which do not conform to the requirements of state laws for the resulting state bank or carries on business activities which are not permitted for the resulting state bank, the State Bank Commissioner may permit a reasonable time to conform with state law.

Collected 2026-09-05T23:02:04Z. Source file · JSON

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