Delaware § 774 Establishment

Delaware Statutes

§ 774 — Establishment

Delaware § 774

JurisdictionDelaware

Title5

PartBanks and Trust Companies

Ch. 7CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES

Subch.Limited Purpose Trust Companies

This text of Delaware § 774 (Establishment) 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, § 774 (2026).

Text

A corporation established under this subchapter shall be known as a limited purpose trust company. The Commissioner shall issue no certificate of public convenience and advantage with respect to any corporation proposed to be established under this chapter solely for the purpose of exercising trust company powers, excepting a corporation organized under this subchapter.

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