2016 Delaware Code
Title 8 - Corporations
CHAPTER 5. CORPORATION FRANCHISE TAX
§ 511. Repeal of charters of delinquent corporations; report to Governor and proclamation.

8 DE Code § 511 (2016) What's This?

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this State, and the Governor shall forthwith issue a proclamation declaring that the charters of these corporations are repealed.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, § 11; 22 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, § 1; 57 Del. Laws, c. 712, § 6; 58 Del. Laws, c. 450, § 7; 71 Del. Laws, c. 339, § 105; 75 Del. Laws, c. 306, § 24.;

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