{"data":{"id":"us-de/6-del.-c.-1404","jurisdiction":"us-de","citation":"6 Del. C. § 1404","heading":"Ownership of voting and nonvoting stock.","body":"(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.\n(b) The nonvoting stock of a workers cooperative may be owned by any person.","path":["Title 6. Commerce and Trade","SUBTITLE II","Other Laws Relating to Commerce and Trade","CHAPTER 14. Delaware Workers Cooperative Act"],"source_url":"https://delcode.delaware.gov/title6/c014/index.html#1404","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"5bb8277db5167c8144e187be13b5140f5801a688e003196f1ec8c72a3dea6ccb","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-1403","next":"us-de/6-del.-c.-1405"},"notice":"GroundRules: Original legal text. Not legal advice."}