Definitions.

§ 167. Definitions. For purposes of this subchapter, the following words and phrases shall have the meanings ascribed to them herein: (1) “Control” means the power, directly or indirectly, to direct the management or policies of a Delaware chartered bank or trust company or to vote 25% or more of any class of voting securities of such bank or trust company. For purposes of this subchapter, the acquisition of 10% or more of the voting stock of a Delaware chartered bank or trust company shall be presumed to constitute control if such institution has any class of voting securities registered under § 12 of the Securities Exchange Act of 1934 [15 U.S.C. § 78l] or if immediately after the transaction no other person will own a greater proportion of that class of voting securities. (2) “Delaware chartered bank or trust company” includes any Delaware bank holding company or Delaware savings and loan holding company.66 Del. Laws, c. 24, § 1; 69 Del. Laws, c. 165, §§ 10, 11; 71 Del. Laws, c. 25, § 5; 85 Del. Laws, c. 337, § 4;