CHAPTER 247

FORMERLY

SENATE BILL NO. 278

AN ACT TO AMEND CHAPTER 9, TITLE 5, DELAWARE CODE, PERTAINING TO REGULATIONS GOVERNING BUSINESS OF BANKS AND TRUST COMPANIES.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section I. Amend 5903(0, Chapter 9, Title 5, Delaware Code, by striking the figure "$50" as it appears in the first line of said subsection and substituting in lieu thereof "$5,000".

Section 2. Amend 5903, Chapter 9, Title 5, Delaware Code, by adding thereto a new subsection (d) to read as follows:

"(d) In addition, the applicant shall pay an investigation fee of $1,000 which shall not be refundable and shall be submitted with the application."

Approved May 29, 1980.