Delaware Code § 5-1522

Revocation of charter for failure to commence business within 6 months
Open in Lexace · Ask the AI about this section
Every corporation created under this chapter shall within 6 months from the date of its incorporation be actively engaged in the business
for which it was created or its certificate of incorporation and corporate franchise shall be deemed and held to be revoked.

‹ Prev All Delaware sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.