Delaware § 1433 Authority for interstate branch offices of out-of-state foreign banks

Delaware Statutes

§ 1433 — Authority for interstate branch offices of out-of-state foreign banks

Delaware § 1433

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 14FOREIGN BANKS

Subch.Merger of Delaware Banks and Foreign Banks; Resulting Branch Offices of Foreign Banks

This text of Delaware § 1433 (Authority for interstate branch offices of out-of-state foreign banks) 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, § 1433 (2026).

Text

(a)The place of business or main office and all branch offices of a merging existing Delaware bank may continue as resulting branch offices of the out-of-state foreign bank.

(b)An out-of-state foreign bank with resulting branch offices in this State may open additional branch offices in this State in such manner as the Commissioner shall prescribe by regulation.

(c)Nothing in this subchapter shall be deemed to permit interstate branching either through the original establishment of a branch office in this State by an out-of-state foreign bank or through acquisition of a branch office in this State by an out-of-state foreign bank, without merger with a Delaware bank as provided in this subchapter.

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(a) The place of business or main office and all branch offices of a merging existing Delaware bank may continue as resulting branch offices of the out-of-state foreign bank.

(b) An out-of-state foreign bank with resulting branch offices in this State may open additional branch offices in this State in such manner as the Commissioner shall prescribe by regulation.

(c) Nothing in this subchapter shall be deemed to permit interstate branching either through the original establishment of a branch office in this State by an out-of-state foreign bank or through acquisition of a branch office in this State by an out-of-state foreign bank, without merger with a Delaware bank as provided in this subchapter.