Delaware Code § 8-618

Applicability of General Corporation Law; consolidation or merger of professional corporations;
Open in Lexace · Ask the AI about this section
annual report.
This title shall be applicable to a corporation organized pursuant to this chapter, except to the extent that any of the provisions of this
chapter are interpreted to be in conflict with the provisions of this title, and in such event the provisions and sections of this chapter shall
take precedence with respect to a corporation organized pursuant to this chapter. A professional corporation may consolidate or merge only
with another professional corporation empowered to render the same specific professional service or any qualified related professional
services; and a merger or consolidation with any foreign corporation is prohibited. Sections 501-518 of this title shall be applicable to a
professional corporation; but in addition to the information called for on the annual report of all corporations by those provisions, the
annual report of a professional corporation may, by its terms, separately require that the professional corporation shall certify that its
shareholders, directors and officers listed on such report are duly licensed or otherwise legally authorized to render the same specific
professional service, or those component qualified related professional services, as the professional corporation.

‹ 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.