Del. C. » Title 8 — · CHAPTER 1. General Corporation Law · Corporations
Delaware Code

8 Del. C. § 163 (2026)

Payment for stock not paid in full

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The capital stock of a corporation shall be paid for in such amounts and at such times as the directors may require. The directors may, from time to time, demand payment, in respect of each share of stock not fully paid, of such sum of money as the necessities of the business may, in the judgment of the board of directors, require, not exceeding in the whole the balance remaining unpaid on said stock, and such sum so demanded shall be paid to the corporation at such times and by such installments as the directors shall direct. The directors shall give notice of the time and place of such payments, which notice shall be given at least 30 days before the time for such payment, to each holder of or subscriber for stock which is not fully paid at such holder’s or subscriber’s last known address.

8 Del. C. 1953, §  163;  56 Del. Laws, c. 50;  71 Del. Laws, c. 339, §  21;  82 Del. Laws, c. 45, § 6; 
Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2000–2023 · leading case: David Myers v. Academy Sec., Inc., No. 2023-0241-BWD (Del. Ch. July 27, 2023).
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David Myers v. Academy Sec., Inc., No. 2023-0241-BWD (Del. Ch. July 27, 2023). “24 8 Del. C. § 163 (emphasis added). Section 164 then “prescrib[es] remedies for failure to pay any call made by the board pursuant to [S]ection 163.”
Biotrack, Inc. v. Muni, 12 Mass. L. Rptr. 244 (Mass. Super. Ct. 2000). “156B, §22 (if Massachusetts law applies), or by 8 Del.C. §163. I disagree. Section 22 of G.”
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