8 Del. C. § 171: Special purpose reserves.
Where this section sits in the code
- Title 8. Corporations
- CHAPTER 1. General Corporation Law
- Subchapter V. Stock and Dividends
The directors of a corporation may set apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.
Collected 2026-09-05T23:02:10Z. Source file · JSON