2012 Delaware Code
Title 8 - Corporations
CHAPTER 6. PROFESSIONAL SERVICE CORPORATIONS
§ 615. Conversion into business corporation.
Whenever all shareholders of a corporation, licensed under this chapter, cease at any time, and for any reason, to be licensed, certified or registered in the particular field of endeavor for which such corporation was organized, the corporation shall thereupon be treated as converted into and shall operate henceforth solely as a business corporation under applicable provisions of Chapter 1 of this title, exclusive of this chapter.
8 Del. C. 1953, § 615; 57 Del. Laws, c. 127.;
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