(a) For purposes of this section, fiduciary shall have the same meaning as in 3301(d) of Title 12. (b) If a negotiable instrument is drawn upon the account of a principal in a bank by a fiduciary who is empowered to draw upon the principals account, the bank is authorized to pay such instrument without being liable to the principal for the application of the funds. (c) If any negotiable instrument payable or endorsed to a fiduciary as such is endorsed by a fiduciary, or if any negotiable instrument payable or endorsed to a principal is endorsed by a fiduciary empowered to endorse such instrument on behalf of the principal, the endorsee is not bound to inquire whether the fiduciary is committing a breach of its obligation as fiduciary by endorsing or delivering the instrument, and is not liable for the application of the funds.

This legal document governs the offering and extension of credit under a revolving credit plan in connection with a demand deposit account or other transaction account maintained by the borrower with the bank. It states that any charges customarily imposed by the bank on the demand deposit or transaction account may continue to be imposed on the account without specific reference in the agreement governing the revolving credit plan. If the balance in the account is insufficient to pay such a charge, it may be charged to the borrower’s account under the plan as a loan.

These legal documents govern the taxation of banking organizations, trust companies, and federal savings banks in Delaware. They outline the requirements for paying franchise tax on taxable income and provide an option for organizations to pay an alternative franchise tax. The documents also cover the assessment and taxation of out-of-state banks and foreign banks maintaining branches in Delaware. They specify the filing requirements, penalties for non-compliance, and the process for reviewing and correcting tax assessments.

The provided legal document content pertains to the Bank Ownership and Participation in Export Trading Company Act. It states that banks regulated under this chapter are allowed to invest or participate in the capital and financing of export trade companies, as defined and permitted by federal law (15 U.S.C. 4001 et seq). The banks can engage in these activities directly or indirectly through contractual arrangements, subsidiary companies, or affiliate companies owned or controlled alone or together with other persons, as permitted by law.

This legal document governs the powers, conditions, and prohibitions for credit card institutions formed under the Delaware Code. These institutions are limited to engaging in credit card operations and accepting deposits of money. The document outlines the powers that these corporations can exercise, including the ability to sue and be sued, hold and purchase property, borrow money, accept deposits, engage in credit card operations, and own subsidiary corporations. However, there are limitations on the powers of credit card institutions, such as not being able to act as a fiduciary, make commercial loans for business purposes, accept demand deposits, or engage in prohibited businesses.

The provided legal document content pertains to the establishment and creation of savings banks in the state of Delaware. It specifies that savings banks shall be organized under and in accordance with the chapter mentioned. The document states that provisions relating to capital stock or stockholders of a savings bank do not apply to a savings bank without capital stock. It further mentions that every corporation created under this chapter is subject to and entitled to the benefit of the Delaware Code, including provisions that apply generally to banks and other general statutes regulating banks, trust companies, and corporations established under Title 8, as long as they are not inconsistent with the express provisions of this chapter.

This legal document, known as ‘The Sale of Checks Act’, governs the sale of checks and transmission of money in Delaware. It applies to individuals, partnerships, associations, joint stock associations, and corporations, with the exception of the United States government or the government of Delaware. The document defines key terms and introduces the term ‘accelerated mortgage payment provider’. It requires anyone engaging in the business of selling checks or transmitting money to obtain a license.

The provided legal document content covers various aspects of the authorized agency activities of banks in Delaware, the merger or consolidation of Delaware banks with out-of-state banks, the merger, consolidation, or conversion of national and state banks or trust companies, the organization and powers of Limited Purpose Trust Companies in Delaware, the general powers of corporations organized under the Delaware Corporation Law for State Banks and Trust Companies, the formation of a bank or trust company in Delaware, internal corporate affairs, management of corporations, stockholders’ meetings, capital stock requirements, payment of corporate debts, declaration of dividends, amendment of charters, certificates of incorporation, certificates of formation, or articles of association, acquisition or sale of assets, assumption of liabilities, consolidation, and merger of banks and trust companies, and the establishment of banks and trust companies, savings banks, and national banks in the state.

This legal document governs the acquisition of interests in banking institutions and bank holding companies in Delaware. It applies to bank holding companies, corporations intending to become a Delaware bank holding company, out-of-state savings institutions, out-of-state savings and loan holding companies, out-of-state bank holding companies, and out-of-state bank holding company subsidiaries. The document outlines the requirements and procedures for acquiring or retaining ownership or control of Delaware institutions. It establishes the application process, which includes filing an application with the Commissioner for approval and providing specified information.

This legal document, part of the Delaware Code, governs the business of banks and trust companies in Delaware, specifically related to Bank Revolving Credit. It provides definitions for terms such as ‘Bank’, ‘Borrower’, ‘Individual borrower’, ‘Revolving credit plan’, ‘Purchases’, ‘Loans’, ‘Credit device’, and ‘Outstanding unpaid indebtedness’. The document allows banks to offer and extend credit to borrowers under a revolving credit plan, charging periodic interest, interest charges, and other permitted charges.