- District 19
This Act raises the threshold limit requiring a building and loan association to obtain federal deposit insurance from $10,000,000 to $15,000,000. This threshold limit was last increased in 2019. The State Bank Commissioner does not oppose this change. This Act also makes technical corrections to conform existing law to the standards of the Delaware Legislative Drafting Manual.
Signed by Governor
Passed By House. Votes: 38 YES 3 ABSENT
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 7 On Its Merits
Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
Passed By Senate. Votes: 19 YES 2 ABSENT
Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
Introduced and Assigned to Banking, Business & Insurance Committee in Senate
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