§ 165 Revocability of preincorporation subscriptions.

8 DE Code § 165 (2019) (N/A)
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Unless otherwise provided by the terms of the subscription, a subscription for stock of a corporation to be formed shall be irrevocable, except with the consent of all other subscribers or the corporation, for a period of 6 months from its date.

8 Del. C. 1953, § 165; 56 Del. Laws, c. 50.