Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 789 — 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. § 789
Delaware Legal Code

§ 789

Ask AI about this
Where a resulting state bank is not to exercise trust powers, the State Bank Commissioner shall not approve a merger or conversion until satisfied that adequate provision has been made for successors to fiduciary positions held by the merging banks or the converting bank.5 Del. C. 1953, § 789; 49 Del. Laws, c. 126; 57 Del. Laws, c. 740, § 19H;