Net worth [For application of this section, see 85 Del. Laws, c. 338, § 3].

Del. Code tit. 5, § 2308
in effect
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(a) A licensee shall maintain at all times a tangible net worth of the greater of $100,000 or 3% of total assets for the first $100 million, 2% of additional assets for $100 million to $1 billion, and 0.5% of additional assets for over $1 billion. (b) A licensee shall demonstrate tangible net worth through its most recent audited or unaudited financial statements. (c) Except as otherwise provided in subsections (a) and (b) of this section, the Commissioner may, for good cause shown, exempt these requirements in whole or in part.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c023/sc02/index.htmlFetched: 10/4/2026
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c023/index.htmlFetched: 6/28/2026

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