CHAPTER 136

BANKS, SAVINGS SOCIETIES AND TRUST COMPANIES AMOUNT OF CAPITAL STOCK OF TRUST COMPANIES

AN ACT TO AMEND ARTICLE 9 OF CHAPTER 66 OF THE REVISED CODE OF DELAWARE, 1935, RELATIVE TO "BANKS, SAVINGS SOCIETIES AND TRUST COMPANIES" PERTAINING TO THE AMOUNT OF CAPITAL STOCK OF TRUST COMPANIES.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That 2399. Sec. 142, of Chapter 66 of the Revised Code of Delaware, 1935, be and the same is hereby amended by striking out the period at the end of the first paragraph of said section, inserting in lieu thereof a comma, and adding thereto the following:

but nothing contained in this section shall prohibit the increase in capital stock of a trust company organized prior to the passage of this Article to any amount which may be less than required in Section 125.

Approved March 16, 1943.