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

6 Del. C. § 1404: Ownership of voting and nonvoting stock.

Where this section sits in the code

Title 6. Commerce and Trade
SUBTITLE II
Other Laws Relating to Commerce and Trade
CHAPTER 14. Delaware Workers Cooperative Act

(a) Except as otherwise provided in the organizational documents, all voting stock shall be owned by members; provided however, that pursuant to the organizational documents, at least a majority of each class of voting stock shall be owned by members.

(b) The nonvoting stock of a workers cooperative may be owned by any person.

Collected 2026-09-05T23:02:06Z. Source file · JSON

Browse this collection