2025 Delaware Code
Title 5 - Banking
Chapter 14. FOREIGN BANKS
Subchapter I. Foreign Bank Branches, Foreign Bank Limited Purpose Branches and Foreign Bank Agencies
§ 1407. Rules, regulations and orders.

Universal Citation:
5 DE Code § 1407 (2025)
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§ 1407. Rules, regulations and orders.

In addition to any other authority granted under this title, the Commissioner may adopt rules and regulations and issue orders under this subchapter for the following purposes:

(1) To prescribe information or forms required in connection with an application pursuant to § 1403(a) of this title;

(2) To authorize permissible activities of foreign bank branches, foreign bank limited purpose branches or foreign bank agencies pursuant to § 1404 of this title;

(3) To prescribe the nature and amount of assets required to be maintained in this State pursuant to § 1405 of this title and to establish procedures governing the determination thereof;

(4) To establish procedures in connection with approvals pursuant to §§ 1403 and 1408 of this title and the filing of required reports pursuant to § 1406 of this title; and

(5) To issue orders under § 1410 of this title and establish procedures governing such issuances.

65 Del. Laws, c. 444, § 6;  70 Del. Laws, c. 112, §§ 74, 75;  72 Del. Laws, c. 35, § 14; 
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