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Can you summarize 5 DECO Part I?
Banking > State Banking Agencies
Short Summary
The provided legal document content pertains to the state banking agencies in Delaware. It governs the operations, regulations, and oversight of these agencies. The document does not mention any specific exemptions or penalties. State banking agencies in Delaware are responsible for supervising and regulating banks and other financial institutions within the state. They ensure compliance with state banking laws, protect consumers, and maintain the stability and integrity of the banking system. The document may include provisions related to licensing, examinations, enforcement actions, consumer protection, and other aspects of state banking regulation. However, without access to the specific content of the document, it is not possible to provide a more detailed summary.
Whom does it apply to?
Banks, banking organizations, financial institutions, foreign banks, national banks, trust companies, the State Bank Commissioner, Deputy Commissioners, examiners or compliance reviewers employed by the Commissioner, and their spouses or children residing at their residence
What does it govern?
State banking agencies in Delaware
What are exemptions?
Licensees subject to the provisions of Chapter 22 or 29 of this title are exempt from obtaining loans or utilizing credit from any financial institution, unless an actual conflict may arise
What are the Penalties?
No specific penalties are mentioned in these provisions
Jurisdiction
Delaware