Delaware § 1425 Revocation of license

Delaware Statutes

§ 1425 — Revocation of license

Delaware § 1425

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 14FOREIGN BANKS

Subch.Foreign Bank Representative Office

This text of Delaware § 1425 (Revocation of license) 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, § 1425 (2026).

Text

If the Commissioner finds:

(1)The licensee or its representative has violated any provision of this subchapter or any law, rule or regulation of this State; or

(2)Any fact or condition exists which, if it had existed at the time of the original application for such license, would have resulted in the Commissioner refusing to issue such license; then, after notice to the foreign bank and a reasonable opportunity to be heard, the Commissioner may revoke such license.

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If the Commissioner finds:

(1) The licensee or its representative has violated any provision of this subchapter or any law, rule or regulation of this State; or

(2) Any fact or condition exists which, if it had existed at the time of the original application for such license, would have resulted in the Commissioner refusing to issue such license; then, after notice to the foreign bank and a reasonable opportunity to be heard, the Commissioner may revoke such license.