Delaware Statutes

§ 1912 — Limitation on loans not secured by first mortgage on real estate

Delaware § 1912
JurisdictionDelaware
Title5
PartBuilding and Loan Associations
Ch. 19POWERS AND CONDUCT OF BUSINESS

This text of Delaware § 1912 (Limitation on loans not secured by first mortgage on real estate) 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, § 1912 (2026).

Text

Not more than 50 percent of the shareholders’ invested capital in any building and loan association doing business in this State shall be loaned on real estate security on other than first liens.

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Legislative History

32 Del. Laws, c. 107, § 7 ; 39 Del. Laws, c. 19, § 1 ; Code 1935, § 2342; 5 Del. C. 1953, § 1912; 56 Del. Laws, c. 328, § 6

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Bluebook (online)
Delaware § 1912, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/5/1912.