Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

5 Del. C. § 1522: Revocation of charter for failure to commence business within 6 months.

Where this section sits in the code

Title 5. Banking
Banks and Trust Companies
CHAPTER 15. Credit Card Institutions
Subchapter II. Formation

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.

Collected 2026-09-05T23:02:05Z. Source file · JSON

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