2025 Delaware Code
Title 5 - Banking
Chapter 22. LICENSED LENDERS
Subchapter III. Closed End Credit
§ 2232. Deferred installments.

Universal Citation:
5 DE Code § 2232 (2025)
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§ 2232. Deferred installments.

A licensee may at any time or from time to time permit a borrower to defer installment payments of a loan and may, in connection with such deferral, charge and collect deferral charges and may also require payment by such borrower of the additional cost to the licensee of premiums for continuing in force, until the end of such period of deferral, any insurance coverage provided in connection with the loan pursuant to § 2231 of this title.

66 Del. Laws, c. 22, § 1; 
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