2017 Delaware Code
Title 8 - Corporations
Subchapter V Stock and Dividends
§ 171. Special purpose reserves.

Universal Citation: 8 DE Code § 171 (2017)

The directors of a corporation may set apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.

8 Del. C. 1953, ยง 171; 56 Del. Laws, c. 50.;

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