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2019 Delaware Code
Title 8 - Corporations
Chapter 1. General Corporation Law
Subchapter XV Public Benefit Corporations
§ 367 Derivative suits.
Universal Citation: 8 DE Code § 367 (2019)
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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