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2021 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. (2021)
§ 165. Revocability of preincorporation subscriptions.
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, § 165; 56 Del. Laws, c. 50.;
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