5 Del. Admin. Code § 1113-1.0
Current through Register Vol. 28, No. 7, January 1, 2025
Pursuant to 5 Del.C. § 1101 (e) and § 1101A(c)(2), a subsidiary corporation of a banking organization or trust company may elect to be taxed in accordance with Chapter 19 of Title 30 if the subsidiary is not itself a banking organization or trust company, if the subsidiary is not described in §1902(b)(8) of Title 30, and if the subsidiary is not engaged in the sale, distribution, underwriting of, or dealing in, securities.
5 Del. Admin. Code § 1113-1.0