{"data":{"id":"us-de/8-del.-c.-344","jurisdiction":"us-de","citation":"8 Del. C. § 344","heading":"Election of existing corporation to become a close corporation.","body":"Any corporation organized under this chapter may become a close corporation under this subchapter by executing, acknowledging and filing, in accordance with § 103 of this title, a certificate of amendment of its certificate of incorporation which shall contain a statement that it elects to become a close corporation, the provisions required by § 342 of this title to appear in the certificate of incorporation of a close corporation, and a heading stating the name of the corporation and that it is a close corporation. Such amendment shall be adopted in accordance with the requirements of § 241 or 242 of this title, except that it must be approved by a vote of the holders of record of at least 2/3 of the shares of each class of stock of the corporation which are outstanding.","path":["Title 8. Corporations","CHAPTER 1. General Corporation Law","Subchapter XIV. Close Corporations; Special Provisions"],"source_url":"https://delcode.delaware.gov/title8/c001/sc14/index.html#344","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:10Z","sha256":"99c84c672cf593c596bdf43c83684ed5b828734d1e2a11864714bff95c189442","source_id":"us-de","stale":true,"prev":"us-de/8-del.-c.-343","next":"us-de/8-del.-c.-345"},"notice":"GroundRules: Original legal text. Not legal advice."}