Delaware Statutes
§ 302 — Powers
Delaware § 302
This text of Delaware § 302 (Powers) 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. 27, § 302 (2026).
Text
The managers elected shall, upon the recording of the certificate, become a body corporate by the name adopted and certified. The corporation shall have succession for 20 years, may sue and be sued and may purchase, receive, hold and enjoy property, real and personal, for the use and objects of the association and may ordain bylaws for the regulation of its affairs not inconsistent with the laws of this State or of the United States. Such corporation shall hold no real estate except such as is actually occupied and used for the purposes specified in the certificate of incorporation.
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Legislative History
13 Del. Laws, c. 419, § 2 ; Code 1915, § 2187; Code 1935, § 2494; 27 Del. C. 1953, § 302
Nearby Sections
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Bluebook (online)
Delaware § 302, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/27/302.