1503 - Minimum Books and Records for Credit Card Institutions
- § 1503-1.0 - Corporate Records
- § 1503-2.0 - Capital
- § 1503-3.0 - Accounting and Auditing
- § 1503-4.0 - General Ledger
- § 1503-5.0 - Insurance
- § 1503-6.0 - Investments
- § 1503-7.0 - Loans
- § 1503-8.0 - Compliance
- § 1503-9.0 - Taxes
- § 1503-10.0 - Due from Banks
- § 1503-11.0 - Certificates of Deposits and Other Time Deposits
- § 1503-12.0 - Registered Mail
5 Del.C. § 1542
Formerly Regulation No.: 5.1542.0003
Effective Date: December 8, 1995
This regulation provides for the minimum books and records requirements for Credit Card Institutions.
§ 1542 of Title 5 of the Delaware Code provides that the State Bank Commissioner may issue regulations prescribing the minimum books and records required to be maintained by and at the institution's Delaware office that accepts deposits.
All records must be easily accessible for supervisory examination purposes. In addition, records, with the exception of those that are considered to be of a permanent nature, may be copied (i.e. microfilmed, photographed) at the institution's discretion and such copy retained for the designated period of time.
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