Del. Code tit. 8 § 606

Current through 2024 Legislative Session Act Chapter 531
Section 606 - Number of directors; officers

A professional corporation which has only 1 shareholder need have only 1 director, who shall be the shareholder. The 1 shareholder shall also serve as the president of the professional corporation. The other officers of the professional corporation, in such a case, need not be licensed or otherwise legally authorized to render the same professional service within this State, as the 1 shareholder. A professional corporation which has only 2 shareholders need have only 2 directors who shall be such shareholders. The 2 shareholders shall, between them, fill all the offices of the professional corporation.

8 Del. C. § 606

Amended by Laws 2015, ch. 184,s 1, eff. 9/3/2015.
8 Del. C. 1953, § 606; 57 Del. Laws, c. 127.;