SENATE BILL NO. 225
AN ACT TO AMEND AN ACT, BEING CHAPTER 63, VOL. 12, LAWS OF DELAWARE ENTITLED "AN ACT TO INCORPORATE THE ARTISANS' SAVINGS BANK," AS AMENDED, BY AMENDING SECTION 4 THEREOF TO ALLOW MEMBERS OF THE BOARD OF DIRECTORS TO BORROW FUNDS DEPOSITED WITH ARTISANS' SAVINGS BANK.
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 1. Amend Chapter 63, Volume 12, Laws of Delaware, Section 4, by deleting the following in its entirety as it appears in Section 4:
',or be allowed to borrow any part of the funds deposited with the Corporation'." Section 2. This Act shall become effective upon its enactment into law.
Approved July 3, 1985.