Delaware Code

6 Del. C. § 3107 (2026)

Application to joint stock associations of more than 50 members or corporations

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Nothing in §§ 3101-3105 of this title shall affect or apply to joint stock associations, using a common name, not being ordinary partnerships, which have more than 50 stockholders or members nor to legally incorporated companies.

25 Del. Laws, c. 146, §  6;  27 Del. Laws, c. 177, §  6;  Code 1915, §  2644;  Code 1935, §  3116;  6 Del. C. 1953, §  3107;