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§ 795 Definitions.

5 DE Code § 795 (2019) (N/A)
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As used in this subchapter:

(1) “Bank” means a Delaware state bank, out-of-state state bank, Delaware national bank or out-of-state national bank.

(2) “Bank holding company” has the meaning specified in the Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841 et seq.

(3) “Branch office” has the meaning specified in § 770 of this title.

(4) “Delaware bank” means a Delaware national bank or a Delaware state bank.

(5) “Delaware national bank” means a national banking association created under the National Bank Act (12 U.S.C. § 21 et seq.) that is located in this State.

(6) “Delaware state bank” means a bank (as defined in § 101 of this title) chartered under the laws of this State.

(7) “Existing Delaware bank” means:

(8) “Located in this State” means, with respect to a state-chartered bank, a bank created under the law of this State and, with respect to a national banking association, a bank whose organization certificate identifies an address in this State as the place at which its discount and deposit operations are to be carried out.

(9) “Merger” includes merger, consolidation and the purchase or sale of all or substantially all assets.

(10) “Merging bank” means a bank that is a party to a merger.

(11) “National bank” means a Delaware national bank or an out-of-state national bank.

(12) “Out-of-state bank” means an out-of-state state bank or an out-of-state national bank.

(13) “Out-of-state state bank” means a state bank, as defined in the Federal Deposit Insurance Act, as amended, at 12 U.S.C. § 1813(a), that is not chartered under the laws of this State.

(14) “Out-of-state national bank” means a national bank association created under the National Bank Act (12 U.S.C. § 21 et seq.) that is not located in this State.

(15) “Resulting” with respect to a bank means the bank resulting from a merger, and with respect to a branch means the branch office(s) of the bank resulting from a merger.

(16) “Savings and loan holding company” has the meaning specified in the Home Owners’ Loan Act, as amended, at 12 U.S.C. § 1467a.

70 Del. Laws, c. 112, § 15; 71 Del. Laws, c. 19, §§ 33, 34; 71 Del. Laws, c. 25, § 19; 71 Del. Laws, c. 254, § 10.

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