§ 3220. Supervision and examination of business by the Commissioner.
§ 3220. Supervision and examination of business by the Commissioner. (a) Every person or combination of persons licensed as a transporter under this chapter shall be subject to the supervision and examination of the State Bank Commissioner and shall be examined by the Commissioner or the Commissioner’s authorized representative annually or at such intervals as […]
§ 3221. Cease and desist orders.
§ 3221. Cease and desist orders. (a) The Commissioner shall have the power and authority to issue and serve an order upon a person to cease and desist from any violation or practice if, in the opinion of the Commissioner, a transporter subject to this chapter is engaging in, or has engaged in, or, if […]
§ 3301. Short title.
§ 3301. Short title. This chapter shall be known and may be cited as the “Delaware Bidco Act.” 66 Del. Laws, c. 344, § 1;
§ 3302. Findings; declaration of purposes.
§ 3302. Findings; declaration of purposes. (a) It is determined and declared as a matter of legislative finding that: (1) The availability of financial and management assistance are important resources to small businesses to locate, remain and expand in the State, which, in time, will result in increased employment opportunities in the State. (2) There […]
§ 3206. Applications.
§ 3206. Applications. Each application for a license shall be made in writing and under oath to the Commissioner in such form and containing such information as the Commissioner may prescribe including the name and business and residence address: (1) Of the proprietor, if the applicant is an individual; (2) Of every member, if the […]
§ 3303. Definitions.
§ 3303. Definitions. For the purposes of this chapter, unless otherwise specifically defined, or unless another intention clearly appears or unless the context requires a different meaning: (1) “Affiliate” means, if used with respect to a specified person other than a natural person, a person controlling or controlled by such specified person, or a person […]
§ 3207. Accompanying fees and statements.
§ 3207. Accompanying fees and statements. Each application for a license shall be accompanied by: (1) An investigation fee of $250, which shall not be subject to refund; (2) The annual license fee as specified in § 3210 of this title; (3) Financial statements reasonably satisfactory to the Commissioner. 5 Del. C. 1953, § 3207; […]
§ 3304. Applicability of other laws.
§ 3304. Applicability of other laws. A corporation licensed under and pursuant to this chapter shall be known as a Bidco, shall be subject to regulation by the Commissioner and shall be deemed subject to the General Corporation Law of Delaware to the extent that such law is not inconsistent with the express provisions of […]
§ 3208. Action by the Commissioner; conditional approval.
§ 3208. Action by the Commissioner; conditional approval. Upon the filing of the application and the payment of the investigation fee and the annual license fee, the Commissioner shall, to the extent the Commissioner deems advisable, investigate the financial responsibility, financial condition, financial and business experience, character and general fitness of the applicant, and if […]
§ 3305. Corporate name.
§ 3305. Corporate name. Each corporation licensed under this chapter shall use the word “Bidco” in its corporate name. 66 Del. Laws, c. 344, § 1;