Delaware Statutes
§ 5505 — Certificate of authority required; foreign operations
(a)No association shall directly or indirectly issue any certificate of membership without being so authorized by a valid and subsisting certificate of authority issued to it by the Commissioner.
(b)No association shall issue any certificate of membership in any other state or foreign country unless it holds a valid and subsisting certificate of authority issued to it by the Commissioner.
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Legislative History
18 Del. C. 1953, § 5505; 56 Del. Laws, c. 380, § 1
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