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2020 Delaware Code
Title 8 - Corporations
Chapter 5. Corporation Franchise Tax
§ 511 Repeal of charters of delinquent corporations; report to Governor and proclamation.

Universal Citation:
8 DE Code § 511. (2020)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
§ 511. Repeal of charters of delinquent corporations; report to Governor and proclamation.

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this State, and the Governor shall forthwith issue a proclamation declaring that the charters of these corporations are repealed.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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