2004-09-01

Added · Updated

Final: 714 Establishment of a Mobile Branch Office by a Bank or Trust Company (5 Del.C. §770(c))

Regulation 714 establishes procedures for banks and trust companies to apply for a mobile branch office under Section 770(c) of Title 5 of the Delaware Code. Applicants must submit a written application including operational details and a $250 non-refundable fee, followed by public notice in two newspapers. The Commissioner issues a written order within 20 days of notice publication, and approved branches must open within one year of the Certificate of Authority, with specific rules for extensions and operational changes.

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Delaware Office of the State Bank Commissioner

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