state_legiscan_drain · DE
An Act To Amend Title 5 Of The Delaware Code Relating To Money Transmission.
April 16, 2026
Summary
If enacted, this bill would amend Delaware's money transmission laws under Title 5, updating licensing requirements, permissible investments, and consumer protections for money transmitters operating in the state. It would affect non-bank financial institutions, including fintech companies, that engage in money transmission, requiring them to comply with new capital, reporting, and anti-fraud standards. The changes aim to align Delaware's framework with modern payment practices and provide enhanced safeguards for consumers.
AI-generated summary · Jun 21, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://legis.delaware.gov/BillDetail?LegislationId=143117
Common questions
- What does "An Act To Amend Title 5 Of The Delaware Code Relating To Money Transmission." cover?
- If enacted, this bill would amend Delaware's money transmission laws under Title 5, updating licensing requirements, permissible investments, and consumer…
- When was it published?
- It was published on April 16, 2026.
Related updates
- Sigue Corporation Settlement Agreement and Consent Order issued by the Division of Banking
- Consent Order Sigue Corporation
- Ultralight FS,. Inc., formerly known as Obopay, Inc., also doing business as Obopay USA
- AMENDED Amerbank LLC/Dolare LLC
- Agreed Order
- Sigue Corporation Interim Consent Order issued by the Division of Banking