US Lawyer Database

§ 613. Price for shares.

§ 613. Price for shares. If the certificate of incorporation or bylaws of a professional corporation, or a separate contract among all of the shareholders of the professional corporation and, if such contract provides for redemption, the professional corporation itself, fails to fix a price at which a professional corporation or its shareholders may purchase […]

§ 614. Perpetual corporate existence.

§ 614. Perpetual corporate existence. A professional corporation shall have perpetual existence until dissolved in accordance with other provisions of this chapter. 8 Del. C. 1953, § 614;  57 Del. Laws, c. 127;  80 Del. Laws, c. 184, § 1; 

§ 615. Conversion into business corporation.

§ 615. Conversion into business corporation. Whenever all shareholders of a professional corporation cease at any time, and for any reason, to be licensed, certified or registered in the particular professional service or at least 1 of the qualified related professional services for which such professional corporation was organized, the professional corporation shall thereupon be […]

§ 517. Duties of Attorney General.

§ 517. Duties of Attorney General. The Attorney General shall have all the powers and authorities in conjunction with the Secretary of State to collect franchise taxes and penalties due from proclaimed corporations and corporations whose charter has become void by operation of law. 27 Del. Laws, c. 80, §§ 1, 2;  Code 1915, § […]

§ 518. Relief for corporations with assets in certain unfriendly nations.

§ 518. Relief for corporations with assets in certain unfriendly nations. All corporations incorporated and existing under the laws of this State, all of whose assets are located in any country from which it is impossible to remove such assets or withdraw income, or whose assets are located at any place where it is made […]

§ 601. Legislative intent.

§ 601. Legislative intent. It is the legislative intent to provide for the incorporation of an individual, or group of individuals who render the same professional service or qualified related professional services to the public, for which such individuals are required by law to be licensed or to obtain other legal authorization. 8 Del. C. […]

§ 602. Short title.

§ 602. Short title. This chapter may be cited as “The Professional Service Corporation Act.” 8 Del. C. 1953, § 602;  57 Del. Laws, c. 127.; 

§ 604. Exemptions.

§ 604. Exemptions. This chapter shall not apply to any individual or groups of individuals within this State who, prior to June 7, 1969, were permitted to organize a corporation and perform personal services to the public by the means of a corporation, and this chapter shall not apply to any corporations organized by any […]