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§ 783 — Delaware Law | CourtGPT
  1. Home/
  2. Laws/
  3. Delaware/
  4. Title 5 - Banking/
  5. Chapter 7 - Corporation Law for State Banks and Trust Companiessub/
  6. Subchapter VI - Merger, Consolidation or Conversion of National, State Bank or Trust Company§ 781. Definitions/
  7. § 783
Delaware Legal Code

§ 783

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Upon written approval by the State Bank Commissioner banks may be merged to result in a state bank, or a national bank may convert into a state bank as hereafter prescribed, except that the action by a national bank shall be taken in the manner prescribed by and shall be subject to limitations and requirements imposed by the laws of the United States which shall also govern the rights of its dissenting stockholders.5 Del. C. 1953, § 783; 49 Del. Laws, c. 126; 57 Del. Laws, c. 740, § 19C;