SENATE BILL NO. 454
AS AMENDED BY SENATE AMENDMENT NO. 1
AN ACT TO AMEND AN ACT, BEING CHAPTER 63, VOLUME 12, LAWS OF DELAWARE, ENTITLED "AN ACT TO INCORPORATE THE ARTISANS' SAVINGS BANK" PASSED AT DOVER ON FEBRUARY 28, 1861, AS THE SAME HAS SINCE BEEN RENEWED, AMENDED AND CHANGED, BY AMENDING SECTION 3 THEREOF TO PROVIDE THAT THE SAVINGS BANK MAY MAKE UNSECURED LOANS, AND TO PROVIDE FURTHER THAT THE SAVINGS BANK BE PERMITTED TO CONDUCT GENERALLY CHECKING ACCOUNT SERVICES.
Be it enacted by the General Assembly of the State of Delaware (two-thirds of all members elected to each House thereof concurring therein):
Section I. Section 3, Chapter 63, Volume 12,
Laws of Delaware, as amended, be and the same is hereby further amended, by adding to said section a subsection (b) to read as follows:
"(b) That said corporation shall be authorized to conduct generally checking account services and receive demand deposits of money for this purpose."
Approved June 25, 1976