There Is a Newer Version
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the Delaware Code
2016 Delaware Code
Title 8 - Corporations
CHAPTER 1. GENERAL CORPORATION LAW
Subchapter XV Public Benefit Corporations
§ 367. Derivative suits.
Universal Citation:
8 DE Code § 367 (2016)
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Stockholders of a public benefit corporation owning individually or collectively, as of the date of instituting such derivative suit, at least 2% of the corporation's outstanding shares or, in the case of a corporation with shares listed on a national securities exchange, the lesser of such percentage or shares of at least $2,000,000 in market value, may maintain a derivative lawsuit to enforce the requirements set forth in § 365(a) of this title.
79 Del. Laws, c. 122, § 8.;
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