Delaware Code § 5-855

Supervision and examination
Open in Lexace · Ask the AI about this section
The Commissioner shall have supervision over all Delaware bank holding companies and shall have the right to examine all such
companies, including their nonbank subsidiaries. The costs of the examination shall be assessed against and paid by the company in an
amount to be set by regulation of the Commissioner. The examination authorized by this section shall be conducted jointly, concurrently or
in lieu of examinations made by a federal bank regulatory agency. The Commissioner shall use, to the extent deemed feasible, filings and
reports made by the company to federal or other State bank regulatory authority pursuant to a written agreement providing for the exchange
of reports of examination between the Commissioner and the federal or other State bank regulatory authority.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.