All subscriptions to securities under a solicitation permit shall be binding upon and enforceable against the parties thereto in accordance with the terms of the subscription contract and subject to the provisions of this chapter. No such contract shall be made conditional except upon such reasonable conditions consistent with applicable statutes as may uniformly be set forth in all such contracts with the Commissioner’s approval as not being inappropriate or inequitable.

18 Del. C. 1953, § ?4715; 56 Del. Laws, c. 380, § ?1;

Terms Used In Delaware Code Title 18 Sec. 4715

  • Contract: A legal written agreement that becomes binding when signed.