Home/Delaware/Statutes/Title: 5/Part: Banks and Trust Companies/Ch. 9: REGULATIONS GOVERNING BUSINESS OF BANKS AND TRUST COMPANIES/Subch.: General Provisions/§ 908
Delaware Statutes

§ 908 — Value at which assets shall be carried on books

Delaware·Title 5·Part Banks and Trust Companies·Ch. 9 REGULATIONS GOVERNING BUSINESS OF BANKS AND TRUST COMPANIES·Subch. General Provisions
No bank or trust company shall carry on its books any of its assets at a sum in excess of the cost value thereof except by and with the written consent of the State Bank Commissioner.

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Legislative History

32 Del. Laws, c. 103, § 11 ; Code 1935, § 2299; 5 Del. C. 1953, § 908

Nearby Sections

9
§ 901
Corporate charter to do business as bank or trust company
§ 902
Certificate required to transact business or open place of business
§ 903
Issuance of certificate to transact business
§ 904
Reports to Commissioner
§ 905
Reports by national banks, federal savings associations and out-of-state banks
§ 906
Failure to make reports; penalty
§ 907
Reserve requirements
§ 908
Value at which assets shall be carried on books
§ 909
Loan limitations
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