Delaware Section 262 of the Delaware General Corporation Law

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  • Preview Section 262 of the Delaware General Corporation Law
  • Preview Section 262 of the Delaware General Corporation Law
  • Preview Section 262 of the Delaware General Corporation Law
  • Preview Section 262 of the Delaware General Corporation Law
  • Preview Section 262 of the Delaware General Corporation Law

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(a) Whenever stockholders are required or permitted to take any action at a meeting, a notice of the meeting in the form of a writing or electronic transmission shall be given which shall state the place, if any, date and hour of the meeting, the means of remote communications, if any, by which stockholders and proxy ...

The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. The statute was adopted in 1899. Since then, Delaware has become the most prevalent jurisdiction in United States corporate law.

(a) Any 1 or more corporations of this State may merge or consolidate with 1 or more limited liability companies, unless the laws of the jurisdiction or jurisdictions under which such limited liability company or limited liability companies are formed prohibit such merger or consolidation.

Section 265 - Conversion of other entities to a domestic corporation (a) As used in this section, the term "other entity" means a limited liability company, statutory trust, business trust or association, real estate investment trust, common-law trust or any other unincorporated business including a partnership ( ...

§ 272. Mortgage or pledge of assets. (a) The authorization or consent of stockholders to the mortgage or pledge of a corporation's property and assets shall not be necessary, except to the extent that the certificate of incorporation otherwise provides.

A bylaw amendment adopted by stockholders which specifies the votes that shall be necessary for the election of directors shall not be further amended or repealed by the board of directors.

The appraisal statute?Section 262 of the DGCL, which allows stockholders to seek the "fair value" of their shares following a merger?has been amended to allow a beneficial owner of stock to demand appraisal directly instead of relying on the record holder.

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Delaware Section 262 of the Delaware General Corporation Law