Delaware Statutes

§ 73-603 — Escrow of funds

Delaware § 73-603
JurisdictionDelaware
Title6
Ch. 73SECURITIES ACT
Subch.Remedies for Violations

This text of Delaware § 73-603 (Escrow of funds) 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. 6, § 73-603 (2026).

Text

Whenever the Director shall deem it necessary in the public interest the Director may require that the proceeds of sale of the securities of an issuer be held intact until such proceeds aggregate a fixed amount and that such proceeds be held intact under an appropriate agreement of escrow with a bank or trust company approved by the Director.

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Legislative History

6 Del. C. 1953, § 7321; 59 Del. Laws, c. 208, § 1 ; 70 Del. Laws, c. 186, § 1 ; 78 Del. Laws, c. 175, §§ 105, 118 ; 79 Del. Laws, c. 182, § 3

Nearby Sections

15
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Bluebook (online)
Delaware § 73-603, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/6/73-603.