Delaware corporate law title 6

  • What is Section 2301 of the Delaware Title 6?

    \xa7 2301.
    Legal rate; loans insured by Federal Housing Administration. (a) Any lender may charge and collect from a borrower interest at any rate agreed upon in writing not in excess of 5% over the Federal Reserve discount rate including any surcharge thereon..

  • What is the 203 rule in Delaware?

    Section 203 is an antitakeover statute in Delaware which provides that if a person or entity (an “interested stockholder”) acquires 15% or more of the voting stock of a Delaware corporation (the “target”) without prior approval of the target's board, then the interested stockholder may not engage in a business .

  • What law governs Delaware corporations?

    The Sections of the Delaware Code that pertain to the Division of Corporations are: Title 8 – Corporations..

  • What law governs Delaware LLCS?

    The DLLC Act
    C. \xa7 18-101, et seq. (DLLC Act), which governs the most popular “alternative” business entity: the Delaware limited liability company (DLLC)..

  • Delaware has enacted the 2010 amendments to Article 9 of the Uniform Commercial Code.
    Delaware enacted the 2010 amendments to Article 9 of the Uniform Commercial Code (2010 Amendments) when the governor signed HB .
    1. Opens in a new window on May 3, 2013
  • Delaware Usury Laws
    In Delaware, the maximum amount of interest a borrower can charge is 5% over the Federal Reserve discount rate.
    The Delaware legislature has an exception to interest rate limits: there is no limit where loan exceeds $100,000 and is not secured by a mortgage on the borrower's personal residence.
  • The DLLC Act
    C. \xa7 18-101, et seq. (DLLC Act), which governs the most popular “alternative” business entity: the Delaware limited liability company (DLLC).
Commerce and Trade. Subtitle I. Uniform Commercial Code. Article 1. General ProvisionsArticle 2. SalesArticle 2A.Limited Liability Company ActChapter 31. REGISTRATION Delaware law

What if the stock of a Delaware corporation party is not owned?

(c) In the event all of the stock of a Delaware corporation party to a merger effected under this section is not owned by the entity immediately prior to the merger, the stockholders of such Delaware corporation party to the merger shall have appraisal rights as set forth in § 262 of this title

What is Chapter 7 & 96 in Delaware?

Chapter 7 – Corporation Law for State Banks and Trust Companies Chapter 96 – Recorders, 9605, 9607, 9624 and 9625

Amendments to the Delaware Code – You may view Amendments to the Delaware Code by year

The Amendments will provide a break down on what section of the law was affected and the effective dates of the law changes

Delaware corporate law title 6
Delaware corporate law title 6

State government of the United States

The Government of Delaware encompasses the administrative structure of the US state of Delaware as established by its 1897 constitution.
Analogously to the US federal government, it is composed of three branches: executive, legislative, and judicial.
The Governor is head of the executive, the General Assembly is the legislature, and the Supreme Court is the highest court.
The state is also organized into counties, municipalities, school districts, and special districts.

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