(a) The Commissioner shall have authority to administer and enforce all the provisions of this title and shall have supervision over:
(1) All state banks, savings banks, trust companies, building and loan associations and other corporations engaged in like business, incorporated under the laws of or doing business in this State, and the subsidiaries of the foregoing, and the Commissioner shall secure the execution of all laws relative to such corporations, provided that with respect to any activity authorized by § 761(a)(14) or § 1661(a)(14) of this title, the Commissioner shall only have supervision to the extent such activity is not subject to the supervision of the Insurance Commissioner of this State or of another jurisdiction or, if it is subject to such supervision, when the Commissioner determines that such activity is likely to have a materially adverse effect on the safety and soundness of the bank;
(2) All persons, trustees or trustee systems, or any other combinations of persons who transact or attempt to transact the business of making small loans or loaning money as provided for or mentioned in Chapter 22 of this title, with all the powers, duties and responsibilities with respect thereto, as provided by this Code and any other laws with respect to banks, trust companies, building and loan associations, and other corporations engaged in like business and with like full power and authority to enforce all necessary rules and regulations as in the case of banks, trust companies, building and loan associations, and other corporations engaged in like business;
(3) All persons who have been issued a license pursuant to any of the provisions of this title.
(b) The Commissioner may prescribe regulations to carry out the purposes of this title. No such regulation shall extend, modify or conflict with any law of this State or the reasonable implications thereof.
(c) The Commissioner may issue subpoenas to compel the attendance of witnesses and the production of documents, papers, books, records and other evidence before him or her in any matter over which he or she has jurisdiction, control or supervision. The Commissioner may administer oaths and affirmations to any person whose testimony is required.
(d) If any person shall fail to comply with any subpoena issued by the Commissioner, or to testify with respect to any matter concerning which he or she may be lawfully interrogated, the Superior Court, on application of the Commissioner, may issue an order requiring the attendance of such person and the giving of testimony or production of evidence. Any person failing to obey the Court's order may be punished by Court as for contempt.
(e) [Repealed.]
Structure Delaware Code
Chapter 1. STATE BANK COMMISSIONER
Subchapter II. Powers and Duties
§ 122. Examination of financial institutions.
§ 123. False statements, entries or reports; penalty.
§ 124. Commissioner's report of examination; cooperation with other regulatory agencies.
§ 125. Disclosure of information; penalty.
§ 126. Exemptions from examination.
§ 127. Fees for examination; supervisory assessment.
§ 128. Federal Reserve System reserve requirements.
§ 130. Impaired capital; procedure upon failure to make good.
§ 131. Unsound condition of bank or trust company; receivership.
§ 132. Possession and operation of bank or trust company by Commissioner without receivership.
§ 133. Employment of assistants.
§ 134. Commissioner's costs and expenses as receiver; priority.
§ 135. Moratorium on deposit withdrawals and segregation of new deposits.
§ 136. Cease and desist orders.
§ 137. Removal of officer or director.
§ 140. Notice to federal authorities.
§ 141. Retention of financial institution records.
§ 144. Restrictions on use of words “savings” or “trust” in corporate name.