(a) The place of business or main office and all branch offices of a merging bank may continue as branch offices, or one of them may be designated as the place of business or main office, of the resulting bank.
(b) A resulting bank that is an out-of-state state bank may open additional branch offices in this State in such manner as the Commissioner shall prescribe by regulation.
(c) Nothing in this subchapter shall be deemed to permit interstate branching either through the original establishment of a branch office in this State by an out-of-state bank or through acquisition of a branch office in this State by an out-of-state bank, without merger with a Delaware bank as provided in this subchapter.
Structure Delaware Code
Chapter 7. CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES
Subchapter VII. Merger or Consolidation with Out-Of-State Banks
§ 795B. Authority for interstate branch offices.
§ 795C. Merger with resulting Delaware national bank.
§ 795D. Merger with resulting Delaware state bank.
§ 795E. Merger with resulting out-of-state national bank.
§ 795F. Merger with resulting out-of-state state bank.
§ 795G. Authority for emergency mergers.
§ 795H. Concentration limits; approval of Commissioner.
§ 795J. Examinations; periodic reports; cooperative agreements; regulations; fees.
§ 795M. Notice of subsequent merger, etc.
§ 795N. Other mergers or consolidations with out-of-state banks not permitted.