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31 chapters · 735 sections in this title.
5 Del. C. § 1301. Definitions.
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§ 1301. Definitions. As used in this chapter, unless the context requires otherwise: (1) “Officers” means those persons designated by the banking organization’s board of directors or trustees to act for the banking organization. (2) “Emergency” means any condition which interfere…
5 Del. C. § 1302. Closing on legal holidays.
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§ 1302. Closing on legal holidays. Any banking organization may, at its option, either close or remain open on Saturdays, Sundays and the legal holidays designated in § 501 of Title 1 and holidays observed by the Federal Reserve Bank for the district which includes Delaware. As t…
5 Del. C. § 1303. Proclamation of emergency.
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§ 1303. Proclamation of emergency. Whenever the Governor declares a disaster or emergency under Chapter 31 of Title 20, banking organizations may close 1 or more or all of their offices when in the opinion of their officers such offices are directly or indirectly affected by such…
5 Del. C. § 1304. Powers of officers.
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§ 1304. Powers of officers. Whenever the officers of a banking organization are of the opinion that an emergency exists which affects 1 or more of the organization’s offices, they shall have the authority to close 1 or more or all such offices even though the Governor has not iss…