Delaware Code Title 5 Sec. 976 – Governing law
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The agreement governing, or the bond, note or other evidence of a loan between a bank and an individual borrower shall be governed by the laws of this State.
Terms Used In Delaware Code Title 5 Sec. 976
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Loan: means any single extension of closed end credit. See Delaware Code Title 5 Sec. 961
- 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