Fitness and character requirements [For application of this section, see 85 Del. Laws, c. 339, § 2].

Del. Code tit. 5, § 3536
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) An individual who has been convicted of, or has pleaded guilty or nolo contendere to, any crime involving fraud, dishonesty, breach of trust, money laundering, or financial crimes in any jurisdiction may not serve as a director or executive officer of a permitted payment stablecoin issuer licensed under this chapter. (b) The Commissioner may establish by regulation additional fitness and character standards applicable to executive officers, directors, and persons with control of permitted payment stablecoin issuers, consistent with the standards established for federal qualified payment stablecoin issuers under the GENIUS Act [12 U.S.C. § 5901 et seq.].
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title5/c035/sc07/index.htmlFetched: 10/4/2026

Starting a business in Delaware? Delaware LLC guide: costs and requirements