Delaware Code

8 Del. C. § 166 (2026)

Formalities required of stock subscriptions

✓ current as of May 2026
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A subscription for stock of a corporation, whether made before or after the formation of a corporation, shall not be enforceable against a subscriber, unless in writing and signed by the subscriber or by such subscriber’s agent.

8 Del. C. 1953, §  166;  56 Del. Laws, c. 5071 Del. Laws, c. 339, §  23
Notes of Decisions
Cited in 4 cases (1 in the last 5 years), 2020–2023 · leading case: Salzberg v. Sciabacucchi (Del. 2020).
Salzberg v. Sciabacucchi (Del. 2020). “” 8 Del. C. § 166. 128 8 Del. C. § 202(a). 38 or on the amount of a corporation’s securities that may be owned by any person or group of persons.”
Salzberg v. Sciabacucchi (Del. 2020). “” 8 Del. C. § 166. 128 8 Del. C. § 202(a). 38 or on the amount of a corporation’s securities that may be owned by any person or group of persons.”
Salzberg v. Sciabacucchi (Del. 2020). “” 8 Del. C. § 166. 128 8 Del. C. § 202(a). 38 or on the amount of a corporation’s securities that may be owned by any person or group of persons.”
David Myers v. Academy Sec., Inc. (Del. Ch. 2023). “”62 Osborn’s 59 See 8 Del. C. § 166 (“A subscription for stock of a corporation, whether made before or after the formation of a corporation, shall not be enforceable against a subscriber, unless in writing and signed by the subscriber or by such subscriber’s agent.”
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