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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.
— register of the majority of juridical persons types, a well as other collective (private) legal entities (there are, however, numerous exceptions, see List of official business registers#Registers of businesses excluded from registration as entrepreneurs); assigns a registration number (numer KRS), mandatory to be exposed on all outbound ...
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.
Delaware: Over 60% of Fortune 500 companies and 75% of new corporations every year are incorporated in the state of Delaware due to the state's favorable corporate treatment. [20] The state's unique court, the Court of Chancery, allows corporate disputes to be heard without a jury within a reasonable time compared to non-corporate disputes. [20]
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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 ]
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]
The signatures of the trustee(s) involved are then required, followed by submission of the forms to the Division of Corporations, along with a one-time $500 processing fee. If the statutory trust is, or will become, a registered investment company, it must maintain a registered agent and a registered office within the State of Delaware. [2]
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