Delaware § 5108 - Property interest of depositor or beneficiary.

Full text of Delaware Delaware Code § 5108 — Property interest of depositor or beneficiary., with citation guidance and answers to common questions.

§ 5108. Property interest of depositor or beneficiary.

(a) Neither a depositor nor a beneficiary has a property interest in a special deposit.

(b) Any property interest with respect to a special deposit is only in the right to receive payment if the bank is obligated to pay a beneficiary and not in the special deposit itself. Any property interest under this subsection is determined under other law.

84 Del. Laws, c. 465, § 1; 

Source: official Delaware text · Last verified 2026-08-27

Frequently Asked Questions About Delaware § 5108

What does Delaware Code § 5108 cover?

Section 5108 ("Property interest of depositor or beneficiary.") is part of the Delaware Code, the codified statutory law of Delaware. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Delaware § 5108?

A common citation format is "Delaware Code § 5108" (Delaware). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Delaware law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.

How does Delaware § 5108 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Delaware.