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Current as of January 01, 2026 | Updated by Findlaw Staff
If any limited purpose trust company is found by the Commissioner to have violated any condition of § 777(c) of this title or to have exercised powers beyond those conferred by § 775 of this title, the Commissioner shall issue an order pursuant to § 136 of this title to cease and desist such violation by a date certain. Upon a finding that the limited purpose trust company has not complied with such order, the Commissioner shall take such steps as set forth in § 131 of this title as regards violations of this Code.
Cite this article: FindLaw.com - Delaware Code Title 5. Banking § 778. Violations - last updated January 01, 2026 | https://codes.findlaw.com/de/title-5-banking/de-code-sect-5-778/
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