reglab/housing_qa huggingface dataset:
5 DE Code § 2905. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2905. Filing of complaints.

§ 2905. Filing of complaints. Any retail buyer having reason to believe that this chapter relating to the retail buyer's retail installment contract has been violated, may file with the Commissioner a written complaint setting forth the details of such alleged violation and the Commissioner, upon receipt of such complaint, may inspect the pertinent books, records, letters and contracts of the licensee and of the retail seller involved, relating to such specific written complaint. 5 Del. C. 1953, §  2904;  52 Del. Laws, c. 335, §  1;  70 Del. Laws, c. 6, §  14;  70 Del. Laws, c. 186, §  1;
5 DE Code § 2908. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2908. Finance charge.

§ 2908. Finance charge. (a) A retail seller or the holder of a retail installment contract may charge and collect a finance charge in respect of a retail installment transaction and may calculate such finance charge in the manner and at the rate or rates specified in the contract governing the retail installment transaction. (b) Any sales finance company may purchase or acquire or agree to purchase or acquire from any seller any contract on such terms and conditions as may be agreed upon between them. Filing of the assignment, notice to the buyer of the assignment, and any requirement that the holder maintain dominion over the payments or the motor vehicle if repossessed shall not be necessary to the validity of a written assignment of a contract as against creditors, subsequent purchasers, pledgees, mortgagees and lien claimants of the seller. Unless the buyer has notice of the assignment of the contract, payment thereunder made by the buyer to the last-known holder of such contract shall be binding upon all subsequent holders. 5 Del. C. 1953, §  2907;  52 Del. Laws, c. 335, §  1;  60 Del. Laws, c. 53, §  1;  61 Del. Laws, c. 83, §  1;  62 Del. Laws, c. 228, §§  3, 4;  63 Del. Laws, c. 2, §  12;  70 Del. Laws, c. 6, §  14;  70 Del. Laws, c. 186, §  1;
5 DE Code § 2910. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2910. Deferred installments.

§ 2910. Deferred installments. A holder may at any time or from time to time permit a buyer to defer installment payments due under the terms of a retail installment contract and may, in connection with such deferral, charge and collect deferral charges and may also require payment by such buyer of the additional cost to the holder of premiums for continuing in force, until the end of such period of deferral, any insurance coverage provided in connection with the contract. 5 Del. C. 1953, §  2909;  52 Del. Laws, c. 335, §  1;  63 Del. Laws, c. 2, §  13;  70 Del. Laws, c. 6, §  14;
5 DE Code § 2911. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2911. Penalties.

§ 2911. Penalties. (a) Any person who shall wilfully and intentionally violate this chapter or engage in the business of a sales finance company in this State without a license therefor as provided in this chapter shall be fined not more than $500. (b) A wilful violation of §§ 2907, 2908 or 2909 of this title by the seller or holder shall bar recovery of any finance charge, delinquency or collection charge on the contract. 5 Del. C. 1953, §  2910;  52 Del. Laws, c. 335, §  1;  70 Del. Laws, c. 6, §  14;  71 Del. Laws, c. 254, §  32;
5 DE Code § 2912. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2912. Waiver unenforceable and void.

§ 2912. Waiver unenforceable and void. Any waiver of this chapter shall be unenforceable and void. 5 Del. C. 1953, §  2911;  52 Del. Laws, c. 335, §  1;  70 Del. Laws, c. 6, §  14;
5 DE Code § 2913. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2913. Disclosure requirements.

§ 2913. Disclosure requirements. Notwithstanding any other provision of this chapter to the contrary, disclosures made in the terminology of the Truth in Lending Act [15 U.S.C. § 1601 et seq.], as amended, and regulations prescribed thereunder, shall be deemed to comply with comparable, but literally inconsistent disclosure requirements of this chapter; provided, however, that any charges otherwise authorized under this chapter may be contracted for and collected in amounts and at rates consistent with this chapter without regard to any inconsistent terminology of said Truth in Lending Act and this chapter. 5 Del. C. 1953, §  2912;  57 Del. Laws, c. 156;  70 Del. Laws, c. 6, §  14;
5 DE Code § 2915. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 29. Financing the Sale of Motor Vehicles|§ 2915. Multi-state automated licensing system.

§ 2915. Multi-state automated licensing system. (a) The Commissioner is authorized to participate in any automated system involving 1 or more other states that will facilitate any aspect of the application and licensing processes of this chapter. (b) Upon joining any such system, the Commissioner may by regulation establish any of the following:  (1) Any additional requirements for a license under this chapter that the Commissioner determines are necessary for participation in the system. (2) Any additional investigation fees, any fees paid directly to the administrator of the system, or any other fee required by the system to process an application or maintain a license, in such amount as the Commissioner determines is necessary to participate in the system. (c) The administrator of any such system in which the Commissioner participates is authorized to act on behalf of the Commissioner to collect from the applicants and licensees subject to the system any payments due the Commissioner under this chapter, to collect information and maintain records in electronic or other format relating to those applicants and licensees, and to submit fingerprints and any other information required for a criminal history background check to the Federal Bureau of Investigation or other law-enforcement agency. (d) Information maintained on any such system in which the Commissioner participates regarding the applicants and licensees subject to the system may be shared with any other state participating in that system for the purpose of licensing, regulating, or supervising that same applicant or licensee under a statute similar to this chapter, if that state could have obtained that same information directly from the applicant or licensee under its own law. The Commissioner shall ensure that the system maintains appropriate confidentiality, privacy, data security, and security breach notification policies that are in full compliance with Delaware law. 82 Del. Laws, c. 78, § 8;
5 DE Code § 3201. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3201. Citation.

§ 3201. Citation. This chapter may be cited as the “Transportation of Money and Valuables Act.” 5 Del. C. 1953, §  3201;  58 Del. Laws, c. 423.;
5 DE Code § 3202. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3202. Definitions.

§ 3202. Definitions. For purposes of this chapter:  (1) “Person” means any individual, partnership, association, joint stock association or corporation, or other entity, but does not include the United States government or the government of this State. (2) “Licensee” means a person duly licensed by the State Bank Commissioner pursuant to this chapter. (3) “Money” includes cash, legal tender or currency of the United States or of any other state or nation. (4) “Transporter” means any person engaged in the business of transporting for hire, money or other valuables. (5) “Valuables” includes bullion, securities, stocks, bonds, any negotiable or nonnegotiable documents, jewels or other property or documents of substantial monetary value. (6) “Commissioner” means the State Bank Commissioner.5 Del. C. 1953, §  3202;  58 Del. Laws, c. 423;  68 Del. Laws, c. 113, §  1;
5 DE Code § 3203. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3203. License required.

§ 3203. License required. No person requiring a license by this chapter shall engage in this State in the business of a transporter until such person's application for a license to so engage in business is finally approved by the State Bank Commissioner. 5 Del. C. 1953, §  3203;  58 Del. Laws, c. 423;  70 Del. Laws, c. 186, §  1;
5 DE Code § 3204. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3204. Exempt from licensing.

§ 3204. Exempt from licensing. (a) No license as a transporter shall be required of any of the following:  (1) Banks, trust companies, building and loan associations, organized under the laws of this State or authorized to do business in this State while transporting their own property; (2) Incorporated telegraph companies insofar as they receive money at any of their respective offices or agencies for immediate transmission by telegraph. (b) Nothing contained in this section or in any other section of this chapter shall be construed to enlarge or limit the rights which any of the above-named organizations have under any existing law. 5 Del. C. 1953, §  3204;  58 Del. Laws, c. 423.;
5 DE Code § 3205. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3205. Qualifications.

§ 3205. Qualifications. To qualify for a license hereunder an applicant shall meet the following requirements:  (1) The applicant shall have a net worth of at least $50,000, computed according to generally accepted accounting principles. (2) The financial responsibility, financial condition, and business experience, and character and general fitness of the applicant shall be such as reasonably to warrant the belief that applicant's business will be conducted honestly, carefully and efficiently. To the extent deemed advisable by the Commissioner, the Commissioner may investigate and consider the qualifications of the applicant including officers and directors of an applicant in determining whether this qualification has been met.5 Del. C. 1953, §  3205;  58 Del. Laws, c. 423.;
5 DE Code § 3206. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 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 applicant is a partnership or unincorporated association; (3) Of the corporation and each officer and director thereof, if the applicant is a corporation, stating the date and the state of incorporation.5 Del. C. 1953, §  3206;  58 Del. Laws, c. 423;  70 Del. Laws, c. 186, §  1;
5 DE Code § 3207. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 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;  58 Del. Laws, c. 423;  67 Del. Laws, c. 126, §  1;
5 DE Code § 3208. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 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 the Commissioner finds these qualities are such as to warrant the belief that the applicant's business will be conducted honestly, fairly, equitably, carefully and efficiently within the purposes of the intent of this chapter, and in the manner commanding the confidence and trust of the community, the Commissioner shall advise the applicant in writing of the Commissioner's conditional approval of the application, and thereafter, upon compliance by the applicant with § 3209 of this title, shall issue to the applicant a license to engage in the business of a transporter. If the Commissioner determines on the basis of the Commissioner's investigation that the applicant does not comply with the purposes of this chapter as set forth in the preceding sentence of this section, the Commissioner shall notify the applicant of the denial of the conditional approval of the license stating the reasons therefor in writing. 5 Del. C. 1953, §  3208;  58 Del. Laws, c. 423;  70 Del. Laws, c. 186, §  1;
5 DE Code § 3210. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3210. Renewal of license; annual license fee.

§ 3210. Renewal of license; annual license fee. Every holder of a license or a renewal thereof, as provided for in this section, desiring to continue the transaction of business as provided for in this chapter, shall at least 30 days prior to the expiration of such license or renewal thereof make application to the Commissioner on forms to be provided by the Commissioner for a license renewal. Each licensee shall pay to the Commissioner annually, together with its application for license renewal, a license fee of $200 for the ensuing calendar year. The Commissioner may mandate that applications for renewal shall be treated as new applications if said renewal applications are not on file with the office of the State Bank Commissioner at least 30 days prior to the expiration of such license or renewal thereof. Licensees who have not complied with supervisory letters or who have not paid examination fees when due may be refused license renewal. 5 Del. C. 1953, §  3210;  58 Del. Laws, c. 423;  70 Del. Laws, c. 6, §  15;  70 Del. Laws, c. 327, §  42;
5 DE Code § 3211. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3211. Agents.

§ 3211. Agents. A licensee may conduct the licensee's business at one or more locations within the State and through or by means of such agents as the licensee may from time to time designate or appoint. No license under this chapter shall be required of any agent of a licensee. In order for an agent to be authorized to act for the licensee in this State, the licensee shall have on file with the Commissioner the name and address of the agent and the licensee shall notify the Commissioner within 30 days of the change of name and/or address of an agent or of the termination of any such agent. The requirements of this section shall not apply to any agent of a licensee who is exempt from this chapter pursuant to § 3204(a) of this title. 5 Del. C. 1953, §  3211;  58 Del. Laws, c. 423;  70 Del. Laws, c. 186, §  1;
5 DE Code § 3212. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3212. Liability of licensee.

§ 3212. Liability of licensee. (a) Each licensee shall be absolutely liable for any loss, damage, destruction or impairment of the money or valuables placed in the licensee's possession in addition to whatever additional liability shall be imposed upon the licensee by reason of contractual obligations or the laws of this State or any other applicable law. (b) In any action to recover money or valuables delivered to a transporter, the burden of proving the delivery to and the receipt of such money or valuables by the person to whom it was directed to be paid or delivered shall be upon the transporter. 5 Del. C. 1953, §  3212;  58 Del. Laws, c. 423;  70 Del. Laws, c. 186, §  1;
5 DE Code § 3213. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3213. Suspension, revocation or surrender of license.

§ 3213. Suspension, revocation or surrender of license. (a) The Commissioner may revoke any license issued hereunder upon finding that:  (1) The licensee has violated any provision of this chapter or any rule or regulation made by the Commissioner under and within the authority of this chapter or of any other law, rule or regulation of this State or the United States; (2) Any fact or condition exists which, if it had existed at the time of the original application for such license, would have warranted the Commissioner in refusing originally to issue such license; or (3) The licensee has engaged in business activities or practices inconsistent with its responsibilities under this chapter. (b) The Commissioner may temporarily suspend any license pending the issuance of a final order as provided in Chapter 101 of Title 29. (c) Except as provided in subsection (b) of this section, no license shall be revoked or suspended except after notice and an opportunity for the licensee to request a hearing in accordance with Chapter 101 of Title 29. (d) Any licensee may surrender any license by delivering to the Commissioner such license together with written notice that it thereby surrenders such license, but such surrender shall not affect such licensee's civil or criminal liability for acts committed prior to such surrender. (e) No revocation, suspension or surrender of any license shall impair or affect the obligation of any preexisting lawful contract between the licensee and any person. (f) Every license issued hereunder shall remain in full force and effect until the same shall have expired or shall have been surrendered, revoked or suspended in accordance with this chapter, but the Commissioner shall have authority to reinstate a suspended license or issue a new license to a licensee whose license shall have been revoked if no fact or condition then exists which would have warranted the Commissioner in refusing originally to issue such license under this chapter. (g) Whenever the Commissioner shall revoke or suspend a license issued pursuant to this chapter, the Commissioner shall forthwith execute a written order to that effect. The Commissioner shall forthwith serve the written order upon the licensee. Any such order may be reviewed in the manner provided by Chapter 101 of Title 29. 5 Del. C. 1953, §  3213;  58 Del. Laws, c. 423;  68 Del. Laws, c. 303, §  45;  70 Del. Laws, c. 186, §  1;  73 Del. Laws, c. 24, §  16;  77 Del. Laws, c. 126, §  9;
5 DE Code § 3216. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3216. Penalties.

§ 3216. Penalties. Any person who violates this chapter shall be fined not less than $100 nor more than $1,000, imprisoned for not more than 5 years, or both, for each such offense. 5 Del. C. 1953, §  3216;  58 Del. Laws, c. 423.;
5 DE Code § 3217. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3217. Rules and regulations.

§ 3217. Rules and regulations. The Commissioner may adopt such rules and regulations as are necessary for the proper administration of this chapter. 5 Del. C. 1953, §  3217;  58 Del. Laws, c. 423.;
5 DE Code § 3218. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3218. Limitation on construction of chapter.

§ 3218. Limitation on construction of chapter. This chapter shall not be construed as permitting any corporation, domestic or foreign, to transact in this State the business of a state bank and trust company, savings bank, industrial bank, private bank or building or savings and loan association. 5 Del. C. 1953, §  3218;  58 Del. Laws, c. 423.;
5 DE Code § 3219. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 3219. State government contracts.

§ 3219. State government contracts. No contract shall be awarded by the State for the transportation, handling or storage of moneys, including lawful currency and coin, negotiable and nonnegotiable securities, stocks, bonds, coupons and things of unusual value, in the absence of a certificate that (i) the provider was licensed under this chapter at the time its bid for the contract was submitted or that at such time the provider had an application for such a license filed with the Commissioner with all fees required by § 3207 of this title paid and awaiting action by the Commissioner, and (ii) also that at the time of the award of such contract the provider was fully licensed under this chapter. All bids for such contracts shall include a statement that the bidder is licensed under this chapter, or that the bidder has an application filed with the Commissioner for such a license with all fees required by § 3207 of this title paid and awaiting action by the Commissioner. Officials responsible for awarding and administering such contract shall establish that the provider is fully licensed under this chapter and is in good standing with the Commissioner as of the date of the award of the contract and for each year of the contract thereafter. 67 Del. Laws, c. 126, §  6;
5 DE Code § 3220. (2021)
2021 Delaware Code|Title 5 - Banking|Chapter 32. Transportation of Money and Valuables|§ 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 the Commissioner deems necessary. (b) On the occasion of every examination, the Commissioner or the Commissioner's authorized representative shall be given free access to the licensee's books and records. (c) The examination made by the Commissioner, or the Commissioner's authorized representatives, shall be a thorough examination into the compliance or noncompliance with this Code or any regulations promulgated thereunder, and any other statutes or regulations of this State or the United States; in addition, such examination shall include a review of the licensee's business practices and such other matters, as in the judgment of the Commissioner, may have relation to the security of property of the licensee's customers. In connection with such examination, the Commissioner may examine, under oath or affirmation, any and all persons connected with the licensee. (d) Each licensee shall submit to the Commissioner on or before January 1 of each year financial statements for the licensee's most recently available completed fiscal year which have been audited by a certified public accountant, including the report of the certified public accountant thereon. 68 Del. Laws, c. 113, §  2;  70 Del. Laws, c. 186, §  1;  77 Del. Laws, c. 126, §  10;