Delaware Code Title 5 Sec. 2724 – Change of place of business or area; change of name
(a) A licensee may make a written application to the State Bank Commissioner for leave to change the licensee’s place of business, or in the case of a mobile unit, the area in which the unit is authorized to be operated, stating the reasons for the proposed change. If the Commissioner approves the application the Commissioner shall issue a new license in accordance with § 2716 of this title, for the new location of the licensee or, in the case of a mobile unit, the new area in which the mobile unit may be operated.
Terms Used In Delaware Code Title 5 Sec. 2724
- Commissioner: means the State Bank Commissioner. See Delaware Code Title 5 Sec. 2701
- Licensee: means a licensed casher of checks, drafts or money orders. See Delaware Code Title 5 Sec. 2701
- Mobile unit: means any vehicle or other movable means from which the business of cashing checks, drafts or money orders is to be conducted. See Delaware Code Title 5 Sec. 2701
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302
(b) In case there is a change in name but no change in corporate structure of a licensee, the Commissioner shall issue without charge an amended license for the new name.
Code 1935, § ?2408E; 46 Del. Laws, c. 287, § ?1; 5 Del. C. 1953, § ?2724; 72 Del. Laws, c. 15, § ?39; 70 Del. Laws, c. 186, § ?1; 80 Del. Laws, c. 225, § 9;