Delaware § 1408 Change of location, name or business; transfer or assignment of certificate of authority

Delaware Statutes

§ 1408 — Change of location, name or business; transfer or assignment of certificate of authority

Delaware § 1408

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 14FOREIGN BANKS

Subch.Foreign Bank Branches, Foreign Bank Limited Purpose Branches and Foreign Bank Agencies

This text of Delaware § 1408 (Change of location, name or business; transfer or assignment of certificate of authority) 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, § 1408 (2026).

Text

(a)Any foreign bank holding a certificate of authority pursuant to this subchapter may make a written application to the Commissioner for leave to do 1 or more of the following:

(1)To change its place of business from the place designated in the certificate of authority to another place in this State. An application for such change shall be accompanied by a filing fee of $500.

(2)To change its corporate name or the duration of its corporate existence if such change has been effected under the laws under which it was organized.

(b)No certificate of authority issued by the Commissioner pursuant to this subchapter shall be transferable or assignable without approval by the Commissioner.

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(a) Any foreign bank holding a certificate of authority pursuant to this subchapter may make a written application to the Commissioner for leave to do 1 or more of the following:

(1) To change its place of business from the place designated in the certificate of authority to another place in this State. An application for such change shall be accompanied by a filing fee of $500.

(2) To change its corporate name or the duration of its corporate existence if such change has been effected under the laws under which it was organized.

(b) No certificate of authority issued by the Commissioner pursuant to this subchapter shall be transferable or assignable without approval by the Commissioner.