8 Del. C. § 507: Collection of tax; preferred debt.
Where this section sits in the code
- Title 8. Corporations
- CHAPTER 5. Corporation Franchise Tax
The franchise tax shall be a debt due from the corporation to the State, for which an action at law may be maintained after the same shall have been in arrears for a period of 1 month. The tax shall also be a preferred debt in case of insolvency.
Collected 2026-09-05T23:02:10Z. Source file · JSON