Delaware Code
Subchapter I. General Provisions
§ 908. Value at which assets shall be carried on books.

No bank or trust company shall carry on its books any of its assets at a sum in excess of the cost value thereof except by and with the written consent of the State Bank Commissioner.

Structure Delaware Code

Delaware Code

Title 5 - Banking

Chapter 9. REGULATIONS GOVERNING BUSINESS OF BANKS AND TRUST COMPANIES

Subchapter I. General Provisions

§ 901. Corporate charter to do business as bank or trust company.

§ 902. Certificate required to transact business or open place of business.

§ 903. Issuance of certificate to transact business.

§ 904. Reports to Commissioner.

§ 905. Reports by national banks, federal savings associations and out-of-state banks.

§ 906. Failure to make reports; penalty.

§ 907. Reserve requirements.

§ 908. Value at which assets shall be carried on books.

§ 908A. Bank distinct from bank insurance department or division.

§ 909. Loan limitations.

§ 910. Investment limitations.

§ 911. Ownership of real estate used for transaction of business.

§ 912. Limitations upon loans on security of and purchase of own capital stock.

§ 913. Authority of national bank to act as fiduciary.

§ 914. Appointment of trust company as trustee.

§ 916. Preference of funds held on deposit.

§ 917. Surety not required on bond of trust company or national bank; liability and lien upon real estate.

§ 918. Limitations on pledging or hypothecating assets.

§ 920. Deposits by minors.

§ 922. Deposits of decedents.

§ 923. Deposits in names of two or more persons.

§ 924. Bank deposit accounts in trust form.

§ 926. Subrogation of Federal Deposit Insurance Corporation to rights of owners of insured deposits in closed institutions.

§ 927. Penalty for false statements regarding financial condition.

§ 928. Penalty for representing or holding oneself out as engaged in business of receiving deposits or of a trust company.

§ 929. Tying arrangements prohibited.

§ 930. Right of cancellation of certain insurance.

§ 930A. Mandatory disclosure in bank insurance policies.

§ 931. Employee retirement pensions for savings banks and savings societies.

§ 932. Loans and securities insured by Federal Housing Administrator.

§ 933. Prize linked savings programs.

§ 936. International banking facilities.

§ 937. Availability of funds.

§ 938. Transfer of fiduciary accounts.

§ 939. Negotiable instruments.

§ 940. Self-analysis privilege for depository institutions and affiliates.