Delaware General Assembly


CHAPTER 60

FORMERLY

SENATE BILL NO. 93

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATED TO BANKING.

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

Amend §929, Chapter 9, Title 5 of the Delaware Code by adding a new subsection as follows:

“(f) The prohibitions of subsection (a) shall not apply to conduct authorized by the Commissioner by regulation, if such conduct is permissible under 12 U.S.C. Section 1972 or regulations or orders promulgated thereunder by the Board of Governors of the Federal Reserve System.”

Approved June 23, 2005