As used in this subchapter:
- (1) “Bank” means a Delaware state bank, out-of-state state bank, Delaware national bank or out-of-state national bank.
- (2) “Bank holding company” has the meaning specified in the Bank Holding Company Act of 1956, as amended, 12 U.S.C. § 1841 et seq.
- (3) “Branch office” has the meaning specified in § 770 of this title.
- (4) “Delaware bank” means a Delaware national bank or a Delaware state bank.
- (5) “Delaware national bank” means a national banking association created under the National Bank Act (12 U.S.C. § 21 et seq.) that is located in this State.
- (6) “Delaware state bank” means a bank (as defined in § 101 of this title) chartered under the laws of this State.
- (7) “Existing Delaware bank” means: (i) a Delaware state bank whose initial Delaware charter (whether or not subsequently amended or converted to a national charter) bears an effective date not less than 5 years prior to the effective date of the merger of such bank with an out-of-state bank, (ii) a Delaware national bank whose authorization to conduct a banking business in Delaware pursuant to the National Bank Act bears an effective date not less than 5 years prior to the effective date of the merger of such bank with an out-of-state bank, (iii) a building and loan association which has become a Delaware state bank pursuant to § 794 of this title and whose initial Delaware charter or authorization to conduct a building and loan business in Delaware bears an effective date not less than 5 years prior to the effective date of the merger of such building and loan association with an out-of-state bank, (iv) a consumer credit bank which became a Delaware state bank pursuant to this title and whose initial Delaware charter or authorization to operate as a consumer credit bank in Delaware bears an effective date not less than 5 years prior to the effective date of the merger of such consumer credit bank with an out-of-state bank, or (v) a credit card institution which has become a Delaware state bank pursuant to § 793 of this title and whose initial Delaware charter or authorization to operate as a credit card institution in Delaware bears an effective date not less than 5 years prior to the effective date of the merger of such credit card institution with an out-of-state bank.
- (8) “Located in this State” means, with respect to a state-chartered bank, a bank created under the law of this State and, with respect to a national banking association, a bank whose organization certificate identifies an address in this State as the place at which its discount and deposit operations are to be carried out.
- (9) “Merger” includes merger, consolidation and the purchase or sale of all or substantially all assets.
- (10) “Merging bank” means a bank that is a party to a merger.
- (11) “National bank” means a Delaware national bank or an out-of-state national bank.
- (12) “Out-of-state bank” means an out-of-state state bank or an out-of-state national bank.
- (13) “Out-of-state state bank” means a state bank, as defined in the Federal Deposit Insurance Act, as amended, at 12 U.S.C. § 1813(a), that is not chartered under the laws of this State.
- (14) “Out-of-state national bank” means a national bank association created under the National Bank Act (12 U.S.C. § 21 et seq.) that is not located in this State.
- (15) “Resulting” with respect to a bank means the bank resulting from a merger, and with respect to a branch means the branch office(s) of the bank resulting from a merger.
- (16) “Savings and loan holding company” has the meaning specified in the Home Owners’ Loan Act, as amended, at 12 U.S.C. § 1467a.
70 Del. Laws, c. 112, § 15; 71 Del. Laws, c. 19, §§ 33, 34; 71 Del. Laws, c. 25, § 19; 71 Del. Laws, c. 254, § 10