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2025 Delaware Code
Title 5 - Banking
Chapter 9. REGULATIONS GOVERNING BUSINESS OF BANKS AND TRUST COMPANIES
Subchapter III. Bank Closed End Credit
§ 972. Loans to other than individual borrowers.
Universal Citation:
5 DE Code § 972 (2025)
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§ 972. Loans to other than individual borrowers. 63 Del. Laws, c. 2, § 5;
This subchapter shall not be deemed to prohibit a bank, in connection with a loan to other than an individual borrower, from:
(1) Extending or deferring the scheduled payment of all or any portion of any installment or installments payable under such loan;
(2) Permitting prepayment or refinancing of such loan in whole or in part;
(3) Charging and collecting any charges in connection with the matters referred to in subdivisions (1) and (2) of this section; or
(4) Charging and collecting late or delinquency charges, attorneys' fees or collection charges.
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