WebSep 17, 2013 · Retirement of stock. (a) A corporation, by resolution of its board of directors, may retire any shares of its capital stock that are issued but are not outstanding. (b) Whenever any shares of the capital stock of a corporation are retired, they shall resume the status of authorized and unissued shares of the class or series to which they belong ... WebApr 2, 2024 · In the four and a half years since the Delaware legislature adopted Section 251(h) of the Delaware General Corporation Law (DGCL) and offered streamlined mechanics for closing two-step mergers, Delaware practitioners have made increasing use of the provision. The provision, subject to certain conditions, permits an acquiror’s near …
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Web5 6. § 242. Amendment of certificate of incorporation after receipt of payment for stock; nonstock corporations. 7. (a) After a corporation has received payment for any of its … WebJan 13, 2024 · DGCL § 211(b). If the annual meeting is not held within 13 months of the prior meeting, a stockholder may petition the Court of Chancery to direct that a meeting be held. DGCL § 211(c). The right to a meeting is so important that even bankruptcy cannot justify not holding a meeting. Saxon Indus., Inc. v. NFK Partners, 488 A.2d 1298 (Del. Ch ... how high up am i right now
Delaware Code Online
Web(a) Any 2 or more corporations existing under the laws of this State may merge into a single corporation, which may be any 1 of the constituent corporations or may consolidate into … Web(a) Any 2 or more corporations existing under the laws of this State may merge into a single corporation, which may be any 1 of the constituent corporations or may consolidate into a new corporation formed by the consolidation, pursuant to an agreement of merger or consolidation, as the case may be, complying and approved in accordance with this section. WebThe GL 242C is a superbly built and fantastic sounding 242 variant. With the inverted top support and getter capsule, the GL 242C has strong bass with a smooth midrange and … how high up are cirrus clouds