Delaware Statutes

§ 743 — Stockholders’ meetings; time, place, adjournment and quorum

Delaware·Title 5·Part Banks and Trust Companies·Ch. 7 CORPORATION LAW FOR STATE BANKS AND TRUST COMPANIES·Subch. Conduct of Internal Corporate Affairs
(a)Meetings of stockholders (except the meeting of incorporators referred to in § 727 of this title) shall be held in this State. The bylaws shall fix the time of the annual meeting and may provide for special or called meetings of stockholders.
(b)Any meeting of the stockholders may be adjourned and at such adjourned meeting, any business may be transacted that could have been acted on at the meeting which was adjourned.
(c)The bylaws may prescribe what number of shares shall be represented at any stockholders’ meeting to constitute a quorum, but in the absence of such a provision, any number of shares represented at a stockholders’ meeting shall be sufficient for the transaction of business thereat.

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Legislative History

38 Del. Laws, c. 94, § 12 ; Code 1935, § 2381; 5 Del. C. 1953, § 743; 63 Del. Laws, c. 219, § 1

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