{"data":{"id":"us-de/12-del.-c.-1185","jurisdiction":"us-de","citation":"12 Del. C. § 1185","heading":"Waiver of interest and penalty [For application of this section, see 83 Del. Laws, c. 59, § 25].","body":"(a) The State Escheator may, for good cause, waive, in whole or in part, interest and penalties under § 1183 or § 1184 of this title, subject to the following requirements:\n(1) Except as provided in (a)(2) of this section, interest must be no less than 20% per incident for any holder who receives a notice of examination after August 1, 2021.\n(2) Interest must be 1% per incident for any holder who receives a notice of examination after August 1, 2021, who completes and remits payment pursuant to a Department of Finance expedited examination process under § 1172(c) of this title.\n(3) For the purposes of this section, “per incident” means the total past-due examination liability, including any estimated liability under § 1176(a) of this title.\n(4) The State Escheator shall not waive interest and penalties for any examination initiated pursuant to information provided by a whistleblower, provided that the whistleblower and any of its agents and counsel have complied with the obligations set forth in the written agreement required by § 1191(a) of this title.\n(b) The Secretary of State may waive interest due on outstanding unpaid amounts reported through the Secretary of State’s voluntary disclosure program pursuant to § 1173 of this title.\n(c) [Repealed.]","path":["Title 12. Decedents’ Estates and Fiduciary Relations","Descent and Distribution; Escheat","CHAPTER 11. Escheats","Subchapter II. Unclaimed Property"],"source_url":"https://delcode.delaware.gov/title12/c011/sc02/index.html#1185","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:15Z","sha256":"5bf3b69cf9270a41f9fd6d34672d1df85e86c43e96cd46ec20e4bc3132d1d481","source_id":"us-de","stale":true,"prev":"us-de/12-del.-c.-1184","next":"us-de/12-del.-c.-1186"},"notice":"GroundRules: Original legal text. Not legal advice."}