Delaware Statutes

§ 1423 — License provisions

Delaware·Title 5·Part Banks and Trust Companies·Ch. 14 FOREIGN BANKS·Subch. Foreign Bank Representative Office
Any foreign bank holding a license pursuant to this subchapter may establish and maintain a representative office at the location stated therein and may engage thereat in representational functions on behalf of the foreign bank, but may not conduct a banking business. A license issued pursuant to this subchapter shall remain in effect until surrendered or revoked.

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Legislative History

65 Del. Laws, c. 444, § 6

Nearby Sections

15
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