5 Del. C. § 972
This is the official text of 5 Del. C. § 972, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 972. Loans to other than individual borrowers.
Official statutory text
This subchapter shall not be deemed to prohibit a bank, in connection with a loan to other than an individual borrower, from:
(1) Extending or deferring the scheduled payment of all or any portion of any installment or installments payable under such loan;
(2) Permitting prepayment or refinancing of such loan in whole or in part;
(3) Charging and collecting any charges in connection with the matters referred to in subdivisions (1) and (2) of this section; or
(4) Charging and collecting late or delinquency charges, attorneys’ fees or collection charges.
(1) Extending or deferring the scheduled payment of all or any portion of any installment or installments payable under such loan;
(2) Permitting prepayment or refinancing of such loan in whole or in part;
(3) Charging and collecting any charges in connection with the matters referred to in subdivisions (1) and (2) of this section; or
(4) Charging and collecting late or delinquency charges, attorneys’ fees or collection charges.
Status: in_force · Read it on the official government site
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