Delaware § 3818 Treasury interests

Delaware Statutes

§ 3818 — Treasury interests

Delaware § 3818

JurisdictionDelaware

Title12

PartFiduciary Relations

Ch. 38TREATMENT OF DELAWARE STATUTORY TRUSTS

Subch.Domestic Statutory Trusts

This text of Delaware § 3818 (Treasury interests) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 12, § 3818 (2026).

Text

Except to the extent otherwise provided in the governing instrument of a statutory trust, a statutory trust may acquire, by purchase, redemption or otherwise, any beneficial interest in the statutory trust held by a beneficial owner of the statutory trust. Except to the extent otherwise provided in the governing instrument of a statutory trust, any such interest so acquired by a statutory trust shall be deemed canceled.

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Except to the extent otherwise provided in the governing instrument of a statutory trust, a statutory trust may acquire, by purchase, redemption or otherwise, any beneficial interest in the statutory trust held by a beneficial owner of the statutory trust. Except to the extent otherwise provided in the governing instrument of a statutory trust, any such interest so acquired by a statutory trust shall be deemed canceled.