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What happens whenever a Certificate of Incorporation is received by the Delaware Division of Corporations with the words bank or trust or a derivative of either word in the corporate name?

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What happens whenever a Certificate of Incorporation is received by the Delaware Division of Corporations with the words bank or trust or a derivative of either word in the corporate name?

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77.1 The Division of Corporations will forward the Certificate of Incorporation to the State Bank Commissioner or his designee prior to filing, pursuant to Title 8, Delaware Code, sections 126 and 395, and Title 5, Delaware Code, section 721. After review by the Commissioner or his designee, a recommendation will be made to the Division of Corporations indicating whether or not the name should be approved. 77.2 Whenever World’s Consulting Institute receives a corporate name, from a client, for filing with the Delaware Division of Corporations which contains the words bank or trust or a derivative of either word in the corporate name, World’s Consulting Institute immediately faxes or mails the State Bank Commissioners form to the client for completion, and submission for approval.

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