Delaware § 1423 License provisions

Delaware Statutes

§ 1423 — License provisions

Delaware § 1423

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 14FOREIGN BANKS

Subch.Foreign Bank Representative Office

This text of Delaware § 1423 (License provisions) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 5, § 1423 (2026).

Text

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.

Free access — add to your briefcase to read the full text and ask questions with AI