Delaware § 2715 Minimum requirement of liquid assets

Delaware Statutes

§ 2715 — Minimum requirement of liquid assets

Delaware·Title 5·Part Other Businesses Under Jurisdiction of State Banking Department·Ch. 27 CASHING OF CHECKS, DRAFTS OR MONEY ORDERS·Subch. License Provisions

Each applicant for a license shall prove, in form satisfactory to the State Bank Commissioner, that the applicant has available for the operation of the business, for each location and for each mobile unit specified in the application, liquid assets of at least $5,000, and every licensee shall continuously maintain for the operation of the business for each location and for each mobile unit liquid assets of at least $5,000.

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Each applicant for a license shall prove, in form satisfactory to the State Bank Commissioner, that the applicant has available for the operation of the business, for each location and for each mobile unit specified in the application, liquid assets of at least $5,000, and every licensee shall continuously maintain for the operation of the business for each location and for each mobile unit liquid assets of at least $5,000.

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