Authenticated PDF Version[5 Del.C. §929]
Effective Date: December 11, 2005
This Regulation authorizes certain conduct as exceptions to the anti-tying restrictions of Section 929 of the State Banking Code (5 Del.C. §929), pursuant to Section 929(f). These exceptions are in addition to those elsewhere in Section 929.
Subject to the limitations of paragraph 3.0 of this Regulation, a bank may:
2.1.1 The bank offers deposits, and all such deposits are eligible products; and
2.1.2 Balances in deposits count at least as much as nondeposit products toward the minimum balance.
2.2.1 A corporation, business, or other person (other than an individual) that:
2.2.1.1 Is incorporated, chartered, or otherwise organized outside the United States; and
2.2.1.2 Has its principal place of business outside the United States; or
2.2.2 An individual who is a citizen of a foreign country and is not resident in the United States.
