5 Del. Admin. Code § 3308-1.0

Current through Reigster Vol. 28, No. 6, December 1, 2024

Section 3308-1.0

The request for approval to conduct additional incidental activities shall be in writing to the State Bank Commissioner and shall contain, at a minimum:

1.1 The name of the Bidco and an authorized signature of a representative designated to make the request on behalf of the Bidco;

1.2 A complete explanation of the activity(s) in which the Bidco desires to engage;

1.3 An explanation as to why such activity(s) is necessary or convenient to carry on the business of, or that is reasonably related to the business of, providing financing assistance and management assistance to business firms of the Bidco;

1.4 An explanation as to what experience or expertise will be brought to bear in this area;

1.5 Such other information the applicant may provide to support the request;

1.6 Such other information the Commissioner may require or deem appropriate to the request.

5 Del. Admin. Code § 3308-1.0