Senate Bill 224
151st General Assembly (2021 - 2022)
Bill Progress
Signed 6/30/22
The General Assembly has ended, the current status is the final status.
Bill Details
2/11/22
AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO BUILDING AND LOAN ASSOCIATION INSURANCE REGULATION.
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.
83:345
40
Not Required
6/30/22
N/A