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Del. Code tit. 5, § 5116

Transitional provision

Known as the Uniform Special Deposits Act

The act spans §§ 5–5 (16 sections).

84 Del

This chapter applies to:

(1) A special deposit made under an account agreement executed on or after January 1, 2025; and

(2) A deposit made under an agreement executed before January 1, 2025, if:

a. All parties entitled to amend the agreement agree to make the deposit a special deposit governed by this chapter; and

b. The special deposit referenced in the amended agreement satisfies § 5105 of this title.

Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.