2019 Delaware Code
Title 8 - Corporations
Chapter 1. General Corporation Law
Subchapter V Stock and Dividends
§ 165 Revocability of preincorporation subscriptions.

Universal Citation: 8 DE Code § 165 (2019)

Unless otherwise provided by the terms of the subscription, a subscription for stock of a corporation to be formed shall be irrevocable, except with the consent of all other subscribers or the corporation, for a period of 6 months from its date.

8 Del. C. 1953, ยง 165; 56 Del. Laws, c. 50.

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