Delaware Code

8 Del. C. § 511 (2026)

Repeal of charters of delinquent corporations; report to Governor and proclamation

✓ current as of May 2026
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On or before June 30 in each year, the Secretary of State shall report to the Governor a list of all the corporations, which for 1 year next preceding such report, have failed, neglected or refused to pay the franchise taxes assessed against them or due by them, or to file a complete annual franchise tax report, under the laws of this State, and the Governor shall forthwith issue a proclamation declaring that the charters of these corporations are repealed.

21 Del. Laws, c. 166, §  1122 Del. Laws, c. 15, §  11;  Code 1915, §  112;  36 Del. Laws, c. 6, §  11;  Code 1935, §  106;  8 Del. C. 1953, §  511;  55 Del. Laws, c. 90, §  157 Del. Laws, c. 712, §  658 Del. Laws, c. 450, §  771 Del. Laws, c. 339, §  10575 Del. Laws, c. 306, §  24
Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2024–2024 · leading case: Paul Rivera v. Angkor Capital Ltd. (Del. Ch. 2024).
Paul Rivera v. Angkor Capital Ltd. (Del. Ch. 2024). “A, B; 8 Del. C. § 511. As of July 17, 2024, Kalibrr’s franchise taxes have still not been paid.”
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