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2025 Delaware Code
Title 5 - Banking
Chapter 14. FOREIGN BANKS
Subchapter I. Foreign Bank Branches, Foreign Bank Limited Purpose Branches and Foreign Bank Agencies
§ 1408. Change of location, name or business; transfer or assignment of certificate of authority.
Universal Citation:
5 DE Code § 1408 (2025)
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§ 1408. Change of location, name or business; transfer or assignment of certificate of authority.
(a) Any foreign bank holding a certificate of authority pursuant to this subchapter may make a written application to the Commissioner for leave to do 1 or more of the following:
(1) To change its place of business from the place designated in the certificate of authority to another place in this State. An application for such change shall be accompanied by a filing fee of $500.
(2) To change its corporate name or the duration of its corporate existence if such change has been effected under the laws under which it was organized.
(b) No certificate of authority issued by the Commissioner pursuant to this subchapter shall be transferable or assignable without approval by the Commissioner.
65 Del. Laws, c. 444, § 6; 71 Del. Laws, c. 254, § 21;
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