Del. Code tit. 5 § 790

Current through 2024 Legislative Session Act Chapter 269

Section 790 - Nonconforming assets or business

If a merging or converting bank has assets which do not conform to the requirements of state laws for the resulting state bank or carries on business activities which are not permitted for the resulting state bank, the State Bank Commissioner may permit a reasonable time to conform with state law.

5 Del. C. § 790

5 Del. C. 1953, § 790; 49 Del. Laws, c. 126; 57 Del. Laws, c. 740, § 19F.;