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The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2] While they are seldom headquartered in the state, the management-friendly and mature legal system attracts many corporations; over 66% of the Fortune 500 are incorporated in Delaware. [3]
The Secretary of State of Delaware is the head of the Department of State of the U.S. state of Delaware. The Department is in charge of a wide variety of public and governmental services, and is divided into the following divisions: Some of the most important responsibilities of the Secretary of State involve registry of businesses and ...
The Delaware Division of Corporations will not provide a separate certificate of good standing for each series, but it will provide a certificate of good standing saying that the entire company is a series LLC (and not just a traditional LLC). [citation needed]
A Delaware statutory trust (DST) is a legally recognized trust that is set up for the purpose of business, but not necessarily in the U.S. state of Delaware. It may also be referred to as an Unincorporated Business Trust or UBO. [ 1]
The Delaware General Corporation Law (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. Since then, Delaware has become the most prevalent jurisdiction in United States corporate law and has been described as the de facto ...
Jeffrey W. Bullock is the Secretary of State of Delaware, and Delaware's 80th Secretary of State.As Secretary of State, Bullock oversees over twenty different agencies, including the Division of Corporations, the Division of Historical and Cultural Affairs, the Division of the Arts, and the Division of Professional Regulation.
The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The court is known for being a hub for corporate governance litigation in the United States, as two-thirds of ...
Company portal. Law portal. v. t. e. In United States business law, a registered agent (also known as a resident agent, [ 1] statutory agent, [ 2] or agent for service of process[ 3]) is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons. [ 4]