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An Act to Amend Title 5 of the Delaware Code Relating to Building and Loan Association Insurance Regulation.

It became law on Jun 30, 2022.

DE SB 224 · Senate Bill · 151

Stage
Became law
Started in
Senate
Sponsors
+3
Latest action
Jun 30, 2022

What it does

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.

Read the full text

Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 30, 2022

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Delaware. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION. | 52