Chapter 5 DAC

DEPARTMENT OF STATE Office of the State Bank Commissioner 1100 Taxation 1101 Election to Be Treated for Tax Purposes as a “Subsidiary Corporation” of a Delaware Chartered Banking Organization or Trust Company, National Bank Having its Principal Office in Delaware, or Out-of-State…

Title 5 Banking 1100 Taxation 1100 Taxation '; document.write (setPDFLink(strFile)); // --> 1102 Regulations Governing the Organization, Chartering, Supervision, Operation and Authority of a Delaware Foreign Bank Limited Purpose Branch, a Delaware Foreign Bank Agency and a Delawa…

1100 Taxation 1103 Instructions for Preparation of Franchise Tax 5 Del.C . Ch . 11 Effective Date: September 12, 2019 1.0 This regulation applies to banking organizations and trust companies, other than resulting branches in this State of out-of-state banks or federal savings ban…

1100 Taxation 1104 Estimated Franchise Tax Report 5 Del.C . Ch. 1 1 Effective Date: February 11, 2017 1.0 This report shall be completed by any banking organization (other than a resulting branch in this State of an out-of-state bank, as defined in §1101(a) of Title 5 of the Dela…

1100 Taxation 1105 Final Franchise Tax Report 5 Del.C. Ch. 11 Effective Date: February 11, 2017 This report shall be completed by all banking organizations (other than resulting branches in this State of out-of-state banks, as defined in §1101(a) of Title 5 of the Delaware Code) …

1100 Taxation 1106 Instructions for Preparation of Franchise Tax for Federal Savings Banks Not Headquartered in this State but Maintaining Branches in this State 5 Del.C . Ch. 11 Effective Date: February 11, 2017 1.0 This regulation applies only to federal savings banks not headq…

1100 Taxation 1107 Estimated Franchise Tax Report Federal Savings Banks Not Headquartered in Delaware 5 Del.C . Ch. 11 Effective Date: February 11, 2017 This report shall be completed by any federal savings bank not headquartered in this State but maintaining branches in this Sta…

1100 Taxation 1108 Final Franchise Tax Report Federal Savings Banks Not Headquartered in Delaware 5 Del.C . Ch. 11 Effective Date: October 11, 2020 This report shall be completed by any federal savings bank not headquartered in this State but maintaining branches in this State an…

1100 Taxation 1109 Instructions for Calculation of Employment Tax Credits (5 Del.C. §1105) 5 Del.C. §1105 Effective Date: February 11, 2017 This regulation provides for the calculation of employment tax credits for the tax years 1997 through 2011 and 2012 through 2031 for entitie…

1100 Taxation 1110 Instructions for Preparation of Franchise Tax for Resulting Branches in this State of Out-of-State Banks 5 Del.C . Ch. 11 Effective Date: September 12, 2019 1.0 This regulation applies only to resulting branches in this State of out-of-state banks. The estimate…

1100 Taxation 1111 Estimated Franchise Tax Report for Resulting Branches in this State of Out-of-State Banks 5 Del.C . Ch. 1 1 Effective Date: October 11, 2020 This report shall be completed by the resulting branch(es) in this State of an out of state bank with an estimated tax l…

1100 Taxation 1112 Final Franchise Tax Report for Resulting Branches in this State of Out-of-State Banks 5 Del.C . Ch. 11 Effective Date: October 11, 2020 This report shall be completed by all resulting branch(es) in this state of out-of-state banks and submitted to the Office of…

1100 Taxation 1113 Election by a Subsidiary Corporation of a Banking Organization or Trust Company to be Taxed in Accordance with Chapter 19 of Title 30 Effective Date: October 11, 2020 1.0 Qualifications for Election Pursuant to 5 Del.C. §1101(e) and §1101A(c)(2) , a subsidiary …

1100 Taxation 1114 Alternative Franchise Tax Chapter 11 of Title 5 of the Delaware Code Effective Date: October 11, 2020 1.0 This regulation applies to banking organizations and trust companies, other than federal savings banks not headquartered in this State but maintaining bran…

Title 5 Banking 1400 Foreign Banks '; document.write (setPDFLink(strFile)); // --> 1401 Procedures Governing Filings and Determinations Respecting Applications for a Foreign Bank Limited Purpose Branch Or Foreign Bank Agency 5 Del.C. §1403 Formerly Regulation No.: 5.1403.0001 Eff…

Title 5 Banking 1400 Foreign Banks '; document.write (setPDFLink(strFile)); // --> 1402 Application by a Foreign Bank for a Certificate of Authority to Establish A Foreign Bank Limited Purpose Branch Or Foreign Bank Agency 5 Del.C . §1403 Formerly Regulation No.: 5.1403.0002 Effe…

Title 5 Banking 1400 Foreign Banks '; document.write (setPDFLink(strFile)); // --> 1403 Regulations Governing the Organization, Chartering, Supervision, Operation and Authority of a Delaware Foreign Bank Limited Purpose Branch, a Delaware Foreign Bank Agency and a Delaware Foreig…

Title 5 Banking 1400 Foreign Banks '; document.write (setPDFLink(strFile)); // --> 1404 Application by a Foreign Bank for a License To Establish a Foreign Bank Representative Office Pursuant to Subchapter II, Chapter 14, Title 5, Delaware Code Formerly Regulation No.: 5.1422.0004…

Title 5 Banking 1500 Credit Card Institutions '; document.write (setPDFLink(strFile)); // --> 1501 Procedures Governing the Filing and Determination of an Application for a Certificate of Public Convenience and Advantage to Form a Credit Card Institution Formerly Regulation No.: …

Title 5 Banking 1500 Credit Card Institutions '; document.write (setPDFLink(strFile)); // --> 1502 Application for a Certificate of Public Convenience and Advantage Pursuant to 5 Del. C . §1513 Formerly Regulation No.: 5.1513.0002 Effective Date: December 8, 1995 Any application …

Title 5 Banking 1500 Credit Card Institutions '; document.write (setPDFLink(strFile)); // --> 1503 Minimum Books and Records for Credit Card Institutions 5 Del.C . §1542 Formerly Regulation No.: 5.1542.0003 Effective Date: December 8, 1995 This regulation provides for the minimum…

Title 5 Banking 1700 Building and Loan Associations - Regulation '; document.write (setPDFLink(strFile)); // --> 1701 Filings by Federally-Insured Savings/Building and Loan Associations Formerly Regulation No.: 5.1701etal.0001.P/A Effective Date: August 15, 1986 1.0 All State-cha…

Title 5 Banking 1800 Building and Loan Associations - Taxation '; document.write (setPDFLink(strFile)); // --> 1801 Instructions for Preparation of Franchise Tax 5 Del.C . Ch. 18 Formerly Regulation No.: 5.1801.0001 Effective Date: January 1, 1993 1.0 Definitions "Building And Lo…

1800 Building and Loan Associations - Taxation 1802 Statement of Net Income Building and Loan Association 5 Del.C . Ch. 18 Formerly Regulation No.: 5.1801.0002 Effective Date: January 1, 1993 The statement can be viewed and downloaded at: 1802A.pdf Statement of Net Income Buildin…

Title 5 Banking 1800 Building and Loan Associations - Taxation '; document.write (setPDFLink(strFile)); // --> 1803 Final Franchise Tax Report 5 Del.C. Ch. 18 Formerly Regulation No.: 5.1801.0003 Effective Date: January 1, 1993 Within 75 days after the end of its fiscal year each…

2100 Mortgage Loan Brokers 2101 Operating Regulation 5 Del.C. §§2102(b) and 2112 Effective Date: October 13, 2016 1.0 Applicability of Chapter 1.1 5 Del.C. Ch. 21 applies only to extensions of credit secured by one to four family residential owner-occupied property located in thi…

2100 Mortgage Loan Brokers 2102 Minimum Records 5 Del.C. §§2111(a) and 2112 Effective Date: December 11, 2014 1.0 Minimum Required Records Each licensed office shall maintain the following records on a current basis: 1.1 Register. 1.1.1 For applicants not granted credit, the offi…

2100 Mortgage Loan Brokers 2103 Schedule of Charges 5 Del.C. §2115 Effective Date: April 11, 2014 1.0 Itemization of Charges 1.1 Each licensee shall maintain an itemization of the current charges that the licensee uses in consumer transactions. The itemization shall identify all …

2100 Mortgage Loan Brokers 2104 Minimum Disclosure and Agreement Requirements 5 Del.C. §2113 Effective Date: December 11, 2014 1.0 Written Agreement The licensee shall enter into a separate, signed, written agreement with the applicant, independent of the loan agreement. The lice…

2100 Mortgage Loan Brokers 2105 Report of Delaware Loan Volume 5 Del.C. §§2111 and 2112 Effective Date: April 11, 2014 Each licensee shall submit this report to the Office of the State Bank Commissioner twice each year. The first report must be received no later than July 31 and …

2100 Mortgage Loan Brokers 2106 Report of Delaware Assets 5 Del.C. §§2111 and 2112 Effective Date: April 11, 2014 Each licensee shall submit this report annually to the Office of the State Bank Commissioner. This report must be received no later than April 1 of each year and must…

Title 5 Banking 2100 Mortgage Loan Brokers '; document.write (setPDFLink(strFile)); // --> 2107/2208 Guidance On Nontraditional Mortgage Product Risks 5 Del.C. §2110(a), §2210(a) Effective Date: July 11, 2007 1.0 Introduction and Background 1.1 On October 4, 2006, the Office of t…

Title 5 Banking 2200 Licensed Lenders '; document.write (setPDFLink(strFile)); // --> 2107/2208 Guidance On Nontraditional Mortgage Product Risks 5 Del.C. §2110(a), §2210(a) Effective Date: July 11, 2007 1.0 Introduction and Background 1.1 On October 4, 2006, the Office of the Co…

Title 5 Banking 2100 Mortgage Loan Brokers '; document.write (setPDFLink(strFile)); // --> 2108/2209 Statement on Subprime Mortgage Lending 5 Del.C . §2110(a), §2210(a) Effective Date November 11, 2007 1.0 Introduction and Background 1.1 On June 29, 2007, the Federal Deposit Insu…

Title 5 Banking 2200 Licensed Lenders '; document.write (setPDFLink(strFile)); // --> 2108/2209 Statement on Subprime Mortgage Lending 5 Del.C . §2110(a), §2210(a) Effective Date November 11, 2007 1.0 Introduction and Background 1.1 On June 29, 2007, the Federal Deposit Insurance…

2200 Licensed Lenders 2201 Operating Regulation 5 Del.C. §2210(e) Effective Date: October 13, 2016 1.0 Applicability of Chapter 1.1 5 Del.C. Ch. 22 applies only to consumer credit transactions, including but not limited to, extensions of credit secured by one to four family resid…

2200 Licensed Lenders 2202 Minimum Records 5 Del.C. §§2210(e) and 2211(a) Effective Date: December 11, 2014 1.0 Minimum Required Records Each licensed office shall maintain the following records on a current basis: 1.1 Register. 1.1.1 For applicants not granted credit, the office…

2200 Licensed Lenders 2203 Schedule of Charges 5 Del.C. §§2218(a) and 2231 Effective Date: April 11, 2014 1.0 Itemization of Charges 1.1 Each licensee shall maintain itemizations of the current charges that the licensee uses in consumer transactions. The itemization shall identif…

2200 Licensed Lenders 2204 Surety Bond or Irrevocable Letter of Credit 5 Del.C. §2208 Effective Date: April 11, 2014 1.0 Bond or Irrevocable Letter of Credit Required Each licensee shall file with the State Bank Commissioner (the “Commissioner”) an original corporate surety bond …

2200 Licensed Lenders 2205 Report of Delaware Loan Volume 5 Del.C. §2210(e) Effective Date: April 11, 2014 Each licensee shall submit this report to the Office of the State Bank Commissioner twice each year. The first report must be received no later than July 31 and must contain…

2200 Licensed Lenders 2206 Report of Delaware Assets 5 Del.C. §2210(e) Effective Date: April 11, 2014 Each licensee shall submit this report annually to the Office of the State Bank Commissioner. This report must be received no later than April 1 of each year and must contain inf…

2200 Licensed Lenders 2207 Exemption of Licensed Lenders 5 Del.C. §2202(b) Effective Date: August 11, 2014 1.0 Purpose This regulation governs the procedures and requirements for exemptions pursuant to 5 Del.C. §2202(b). 18 DE Reg. 159 (08/01/14) 2.0 Definitions For t he purpose …

Title 5 Banking 2200 Licensed Lenders 2200 Licensed Lenders '; document.write (setPDFLink(strFile)); // --> 2210 Short-Term Consumer Loans 1.0 Application of Statute 1.1 5 Del.C. §§2235A, 2235B and 2235C and this regulation apply to all short-term consumer loans made in the State…

2300 Sale of Checks and Transmission of Money 2301 Operating Regulation 5 Del.C. Ch. 23 5 Del.C. §2318 Effective Date: April 13, 2020 1.0 Compliance with Applicable Laws 1.1 All licensees shall comply with 5 Del.C. Ch. 23 , all regulations issued thereunder, and all other applica…

2300 Sale of Checks and Transmission of Money 2302 Exemptions 5 Del.C . §2304(c) Effective Date: August 11, 2014 1.0 Purpose This regulation governs the procedures and requirements for exemptions pursuant to 5 Del.C. §2304(c ). 2.0 Definitions For the purpose of this regulation, …

Title 5 Banking 2300 Sale of Checks and Transmission of Money '; document.write (setPDFLink(strFile)); // --> 2303 Report of Delaware Volume 5 Del.C. Ch. 23 5 Del.C. Ch. 23 Effective Date: June 11, 2013 Each licensee shall submit this report to the Office of the State Bank Commis…

Title 5 Banking 2400 Mortgage Loan Originators '; document.write (setPDFLink(strFile)); // --> 2401 Mortgage Loan Originator Licensing 5 Del.C. §§121(b), 2422 Effective Date: December 11, 2009 1.0 Definitions For the purposes of this regulation, the following definitions apply un…