Delaware Business Litigation Report
Court Of Chancery Explains Non-Profit Corporate Law
Hockessin Community Center Inc. v. Swift , C.A. 7789-VCL (October 5, 2012)
Delaware does not have a separate corporate statute dealing with non-profit corporations. Hence, the non-stock sections of the DGCL usually apply to such entities. It is sometimes hard to decide what parts of the DGCL do apply, however, as the integration of stock with non-stock provisions is less than clear. This decision helpfully explains how to decide what parts of the DGCL to apply to non-stock entities
Trackbacks (0)
Links to blogs that reference this article
Trackback URL
http://www.delawarebusinesslitigation.com/admin/trackback/287405
http://www.delawarebusinesslitigation.com/admin/trackback/287405
Comments (0)
Read through and enter the discussion with the form at the end
Morris James LLP
500 Delaware Avenue, Suite 1500 • P.O. Box 2306 •
Wilmington,
DE
19899-2306