Del. Code tit. 5 § 2715

Current through 2024 Legislative Session Act Chapter 510

Section 2715 - Minimum requirement of liquid assets

Each applicant for a license shall prove, in form satisfactory to the State Bank Commissioner, that the applicant has available for the operation of the business, for each location and for each mobile unit specified in the application, liquid assets of at least $5,000, and every licensee shall continuously maintain for the operation of the business for each location and for each mobile unit liquid assets of at least $5,000.

5 Del. C. § 2715

Code 1935, § 2408B; 46 Del. Laws, c. 287, § 1; 5 Del. C. 1953, § 2715; 70 Del. Laws, c. 186, § 1.;