5 Del. Admin. Code § 3402-1.0

Current through Register Vol. 28, No. 7, January 1, 2025
Section 3402-1.0 - Bond or Irrevocable Letter of Credit Required

Each licensee shall file with the State Bank Commissioner (the "Commissioner") an original corporate surety bond or an irrevocable letter of credit in a form satisfactory to the Commissioner in accordance with 5 Del.C. § 3411. The minimum amount of the surety bond or irrevocable letter of credit is based on the factors identified in that section.

5 Del. Admin. Code § 3402-1.0

18 DE Reg. 159 (8/1/2014) (Final)