{"data":{"id":"us-de/5-del.-c.-2261","jurisdiction":"us-de","citation":"5 Del. C. § 2261","heading":"Notice to borrower.","body":"In addition to any other requirement of law, a licensee shall provide to the borrower, within 30 days of the date of the sale of any motor vehicle that is used as security for a title loan, a written explanation of the disposition of the proceeds of that sale. The explanation shall include all of the information required for an explanation under § 9-616 of Title 6, and shall be provided whether or not the sale resulted in a surplus or deficiency with respect to the amount owed by the borrower. The explanation shall include a notice that the sale has satisfied all outstanding and unpaid indebtedness under the title loan.","path":["Title 5. Banking","Other Businesses Under Jurisdiction of State Banking Department","CHAPTER 22. Licensed Lenders","Subchapter V. Title Loans"],"source_url":"https://delcode.delaware.gov/title5/c022/sc05/index.html#2261","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:05Z","sha256":"2d9a5ff77908720ba085d57f76d3809f11fb81f988823358c33383d25eb39816","source_id":"us-de","stale":true,"prev":"us-de/5-del.-c.-2260","next":"us-de/5-del.-c.-2301"},"notice":"GroundRules: Original legal text. Not legal advice."}