5 Del. C. § 1522

Revocation of charter for failure to commence business within 6 months.

Last amended: 1995Year: 2026Length: 43 wordsOfficial source
Every corporation created under this chapter shall within 6 months from the date of its incorporation be actively engaged in the business for which it was created or its certificate of incorporation and corporate franchise shall be deemed and held to be revoked.
5 Del. C. § 1522: Revocation of charter for failure to commence business within 6 months. | Justis AI