GroundRules
5 Del. C. § 795N: Other mergers or consolidations with out-of-state banks not permitted.
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
Except as otherwise provided in this subchapter or by applicable law of the United States, no Delaware bank may merge with or into any out-of-state bank and retain any branch office in this State or otherwise continue to conduct a banking business in this State.
Collected 2026-09-05T23:02:04Z. Source file · JSON