710 - Procedures Governing the Dissolution of a State Chartered Bank or Trust Company
- § 710-1.0 - Letter of Intent
- § 710-2.0 - Findings and Decision of the Commissioner
- § 710-3.0 - Certificate of Dissolution
5 Del.C. §§ 750- 751
Formerly Regulation No.: 5.751.0013
Effective Date: August 13, 1998
The procedure governing the dissolution of a state chartered bank or trust company are set forth in Chapter 1 of Title 8 (§§ 103 and 275) of the Delaware Code. In addition, no bank or trust company shall file a Certificate of Dissolution of the Bank with the Secretary of State until approval, both in form and substance, is granted by the State Bank Commissioner. The Commissioner may require such information as to the assets and liabilities and condition of the bank(s) concerned as necessary.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.