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

5 Del. C. § 851: Definitions.

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Where this section sits in the code
  1. Title 5. Banking
  2. Banks and Trust Companies
  3. CHAPTER 8. Acquisition of Interests in Banking Institutions; Bank Holding Companies
  4. Subchapter V. Regulation of Delaware Bank Holding Companies

As used in this subchapter:

(1) “Bank holding company” means a company, as defined by the federal Bank Holding Company Act of 1956 (12 U.S.C. § 1841 et seq.), which is or becomes a bank holding company within the provisions of the federal act including, without limitation, its provisions for determining what constitutes control.

(2) “Institution” means a national bank whose principal place of business is located in Delaware or a Delaware-chartered bank or bank and trust company.

(3) “Delaware bank holding company” means a bank holding company with bank subsidiaries whose operations are principally conducted in Delaware. For the purposes of this subchapter, the operations of a bank holding company’s subsidiaries are principally located in this State if the total deposits of all such subsidiaries in this State are greater than in any other state.

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

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