CHAPTER 203

FORMERLY

SENATE BILL NO. 319

AS AMENDED BY SENATE AMENDMENT NO. 1

AN ACT TO AMEND CHAPTER 87, TITLE 29 OF THE DELAWARE CODE RELATING TO THE INTERIM POWERS OF A DEPUTY BANK COMMISSIONER.

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

Section 1. Amend §8718(e), Chapter 87, Title 25, Delaware Code by adding thereto the following:

In the event of the death, resignation, disability or removal of the Commissioner all the powers necessary to perform all the duties and functions of the Commissioner during his incapacity or until his successor is duly appointed and qualified shall be conferred upon the senior Deputy Commissioner appointed by the Commissioner pursuant to 5 Del. C. §103. The senior Deputy Commissioner shall be the Deputy Commissioner who has served the longest as a Deputy Commissioner."

Approved January 27, 1988.