Delaware Statutes

§ 725 — Application for a certificate of public convenience and advantage

Delaware·Title 5·Part Banks and Trust Companies·Ch. 7 CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES·Subch. Formation of Bank or Trust Company
Within 60 days after the second publication of the notice of intention to incorporate but not before the expiration of 20 days from the date of the second publication, the incorporators shall apply to the State Bank Commissioner for a certificate that public convenience and advantage will be promoted by the establishment of the bank or trust company.

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Legislative History

38 Del. Laws, c. 94, § 6 ; Code 1935, § 2375; 5 Del. C. 1953, § 725; 57 Del. Laws, c. 740, § 19A ; 71 Del. Laws, c. 254, § 7

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