GroundRules
5 Del. C. § 795I: Powers.
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 VII. Merger, Consolidation or Conversion with or of Out-of-State Trust Companies
(a) An out-of-state state bank which establishes and maintains one or more branch offices in this State under this subchapter may conduct any activities at such branch office or offices that are authorized under the laws of this State for Delaware state banks.
(b) A Delaware state bank may conduct any activities at any branch office outside this State that are permissible for a Delaware state bank, a bank chartered by the state where such branch office is located, or a branch office of any national bank located in the state where such branch office of the Delaware state bank is located.
(c) A Delaware state trust company may conduct any activities at any branch office or other place of business outside this State that are permissible for a Delaware state trust company and that are permissible under the laws of the state where such branch office or other place of business is located.
Collected 2026-09-05T23:02:04Z. Source file · JSON