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The Delaware General Corporation Law (sometimes abbreviated DGCL), officially the General Corporation Law of the State of Delaware (Title 8, Chapter 1 of the Delaware Code), is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. [1] The statute was adopted in 1899.
A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.
A similar company was formed separately by Josiah P. Marvel, an attorney and then-leader of the American Bar Association, The Delaware Bar Association, and the Delaware State Chamber of Commerce. [4] In 1920, Ward and Marvel combined their two companies under the name Corporation Service Company.
The Uniform Limited Liability Company Act (ULLCA), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs) by U.S. states.
A registered agent is a designated person or entity authorized to receive legal and official documents on behalf of a company or LLC, and can be referred to as "Resident Agent", "Statutory Agent", commercial or noncommercial clerk, [5] [6] or by the Federal Motor Carrier Safety Administration (FMCSA), a "process agent". [7]
Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
This is an accepted version of this page This is the latest accepted revision, reviewed on 21 February 2025. U.S. state This article is about the U.S. state. For other uses, see Delaware (disambiguation). State in the United States Delaware State Flag Seal Nickname(s): The First State; The Small Wonder; Blue Hen State; The Diamond State Motto: Liberty and Independence Anthem: "Our Delaware ...
Delaware Intercorp is an American registered agent [1] headquartered in Delaware. [ 2 ] The company provides incorporation, corporate documentation solutions [ buzzword ] along with entity support services and was the top-ranked Delaware Incorporator on the 2007 Delaware Business Ledger Book of Lists. [ 3 ]
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