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Delaware Code
2025 Delaware Code
Title 5 - Banking
Chapter 51. Uniform Special Deposits Act
§ 5116. Transitional provision.
Universal Citation:
5 DE Code § 5116 (2025)
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§ 5116. Transitional provision. 84 Del. Laws, c. 465, § 1;
This chapter applies to:
(1) A special deposit made under an account agreement executed on or after January 1, 2025; and
(2) A deposit made under an agreement executed before January 1, 2025, if:
a. All parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and
b. The special deposit referenced in the amended agreement satisfies § 5105 of this title.
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