Go to Other Versions of The Delaware Code
  1. 2025 Delaware Code (here)
  2. 2024 Delaware Code
  3. 2023 Delaware Code
  4. View All Versions

2025 Delaware Code
Title 5 - Banking
Chapter 51. Uniform Special Deposits Act
§ 5103. Scope; choice of law; forum.

Universal Citation:
5 DE Code § 5103 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next
§ 5103. Scope; choice of law; forum.

(a) This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(b) The parties to an account agreement may choose a forum in this State for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this State.

(c) This chapter does not affect:

(1) A right or obligation relating to a deposit other than a special deposit under this chapter; or

(2) The voidability of a deposit or transfer that is fraudulent or voidable under other law.

84 Del. Laws, c. 465, § 1; 
Previous Next
Disclaimer: These codes may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.