Delaware Code Title 27 Sec. 104 – Estate vested in corporation
Current as of: 2023 | Check for updates
|
Other versions
All the estate, right and title which any such society or congregation may have in any property, real or personal, in themselves, or by trustees, or for their use before incorporation shall upon incorporation become vested in the corporation, which may grant, demise or dispose thereof.
26 Del. Laws, c. 89, § ?5; Code 1915, § ?2168; Code 1935, § ?2475; 27 Del. C. 1953, § ?104;
Terms Used In Delaware Code Title 27 Sec. 104
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.