HOUSE BILL NO. 63
AS AMENDED BY HOUSE AMENDMENT NO. 1
AN ACT TO AMEND CHAPTER 19, TITLE 5, DELAWARE CODE, RELATING TO POWERS OF FEDERALLY CHARTERED INSTITUTIONS.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend Chapter 19, Title 5, Delaware Code, by adding the following section:
"§1921. Powers of Federally Chartered Institutions
To the extent authorized by the Commissioner pursuant to regulations, a building and loan association shall have the power to engage in any activity which such federally chartered institutions :nay be authorized to engage In by federal legislation or regulations issued pursuant to such legislation."
Approved April 21,1981.