Del. Code tit. 5 § 1522

Current through 2024 Legislative Session Act Chapter 531

Section 1522 - Revocation of charter for failure to commence business within 6 months

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.

5 Del. C. § 1522

70 Del. Laws, c. 112, § 77.;