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2020 Delaware Code
Title 8 - Corporations
Chapter 1. General Corporation Law
Subchapter XIV. Close Corporations; Special Provisions
§ 341 Law applicable to close corporation.
Universal Citation: 8 DE Code § 341. (2020)
§ 341. Law applicable to close corporation.
(a) This subchapter applies to all close corporations, as defined in § 342 of this title. Unless a corporation elects to become a close corporation under this subchapter in the manner prescribed in this subchapter, it shall be subject in all respects to this chapter, except this subchapter.
(b) This chapter shall be applicable to all close corporations, as defined in § 342 of this title, except insofar as this subchapter otherwise provides.
8 Del. C. 1953, § 341; 56 Del. Laws, c. 50.;
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