Authority for merger.
Del. Code tit. 5, § 1432
in effectAn existing Delaware bank may merge with or into an out-of-state foreign bank, and an out-of-state foreign bank may merge with or into a Delaware bank, in substantially the same manner and under substantially the same terms and conditions as an existing Delaware bank may merge with or into an out-of-state bank, or an out-of-state bank may merge with or into a Delaware bank, pursuant to subchapter VII of Chapter 7 of this title.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c014/sc03/index.htmlFetched: 10/4/2026