Delaware § 5116 Transitional provision

Delaware Statutes

§ 5116 — Transitional provision

Delaware § 5116

Title5

PartMiscellaneous Provisions

Ch. 51Uniform Special Deposits Act

This text of Delaware § 5116 (Transitional provision) 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, § 5116 (2026).

Text

This chapter applies to:

(1)A special deposit made under an account agreement executed on or after January 1, 2025; and

(2)A deposit made under an agreement executed before January 1, 2025, if: a. All parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and b. The special deposit referenced in the amended agreement satisfies § 5105 of this title.

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This chapter applies to:

(1) A special deposit made under an account agreement executed on or after January 1, 2025; and

(2) A deposit made under an agreement executed before January 1, 2025, if:

a. All parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and

b. The special deposit referenced in the amended agreement satisfies § 5105 of this title.