§ 380. Foreign corporation as fiduciary in this State.
§ 380. Foreign corporation as fiduciary in this State. A corporation organized and doing business under the laws of the District of Columbia or of any state of the United States other than Delaware, duly authorized by its certificate of incorporation or bylaws so to act, may be appointed by any last will and testament […]
§ 502. Annual franchise tax report; contents; failure to file and pay tax; duties of Secretary of State.
§ 502. Annual franchise tax report; contents; failure to file and pay tax; duties of Secretary of State. (a) Annually on or before March 1, every corporation now existing or hereafter incorporated under Chapter 1 of this title or which has accepted the Constitution of this State, shall make an annual franchise tax report to […]
§ 363. Nonprofit nonstock corporations [For application of this section, see 82 Del. Laws, c. 256, § 24].
§ 363. Nonprofit nonstock corporations [For application of this section, see 82 Del. Laws, c. 256, § 24]. A nonprofit nonstock corporation may not be a constituent corporation to any merger or consolidation with a public benefit corporation or in which the certificate of incorporation of the surviving corporation is amended to include a provision […]
§ 364. Stock certificates; notices regarding uncertificated stock.
§ 364. Stock certificates; notices regarding uncertificated stock. Any stock certificate issued by a public benefit corporation shall note conspicuously that the corporation is a public benefit corporation formed pursuant to this subchapter. Any notice given by a public benefit corporation pursuant to § 151(f) of this title shall state conspicuously that the corporation is […]
§ 365. Duties of directors.
§ 365. Duties of directors. (a) The board of directors shall manage or direct the business and affairs of the public benefit corporation in a manner that balances the pecuniary interests of the stockholders, the best interests of those materially affected by the corporation’s conduct, and the specific public benefit or public benefits identified in […]
§ 366. Periodic statements and third-party certification.
§ 366. Periodic statements and third-party certification. (a) A public benefit corporation shall include in every notice of a meeting of stockholders a statement to the effect that it is a public benefit corporation formed pursuant to this subchapter. (b) A public benefit corporation shall no less than biennially provide its stockholders with a statement […]
§ 367. Suits to enforce the requirements of § 365(a) of this title.
§ 367. Suits to enforce the requirements of § 365(a) of this title. Any action to enforce the balancing requirement of § 365(a) of this title, including any individual, derivative or any other type of action, may not be brought unless the plaintiffs in such action own individually or collectively, as of the date of […]
§ 368. No effect on other corporations.
§ 368. No effect on other corporations. This subchapter shall not affect a statute or rule of law that is applicable to a corporation that is not a public benefit corporation, except as provided in § 363 of this title. 79 Del. Laws, c. 122, § 8;
§ 371. Definition; qualification to do business in State; procedure.
§ 371. Definition; qualification to do business in State; procedure. (a) As used in this chapter, the words “foreign corporation” mean a corporation organized under the laws of any jurisdiction other than this State. (b) No foreign corporation shall do any business in this State, through or by branch offices, agents or representatives located in […]
§ 372. Additional requirements in case of change of name, change of business purpose or merger or consolidation.
§ 372. Additional requirements in case of change of name, change of business purpose or merger or consolidation. (a) Every foreign corporation admitted to do business in this State which shall change its corporate name, or enlarge, limit or otherwise change the business which it proposes to do in this State, shall, within 30 days […]