SENATE BILL NO. 500
AN ACT TO AMEND CHAPTER 11, TITLE 5 OF THE DELAWARE CODE RELATING TO TAXATION OF NET EARNINGS OF BANKS, TRUST COMPANIES AND NATIONAL BANKS,
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend §1101 (b)(1)(b), Title S of the Delaware Code after the word law" and before the semi-colon ";" as the same shall appear therein by inserting the words "or the law of any other State".
Section 2. Amend Chapter 11, Title S of the Delaware Code by adding thereto a new section designated as §1106 to read as follows:
If any provision of this chapter or the application of any section or part thereof to any person or circumstance Is held invalid, such invalidity shall not effect other provisions or applications or this chapter which can be given effect without the invalid provision or application."
Approved July 20, 1984.