Delaware § 2306 Defense of usury as available to certain entities and associations

Delaware Statutes

§ 2306 — Defense of usury as available to certain entities and associations

Delaware § 2306

Title6

Ch. 23INTEREST

This text of Delaware § 2306 (Defense of usury as available to certain entities and associations) 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. 6, § 2306 (2026).

Text

No corporation, limited partnership, statutory trust, business trust or limited liability company, and no association or joint stock company having any of the powers and privileges of corporations not possessed by individuals or partnerships, shall interpose the defense of usury in any action.

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Legislative History

Code 1852, § 1160; 16 Del. Laws, c. 310, § 1 ; Code 1915, § 2621; 28 Del. Laws, c. 213 ; Code 1935, § 3101; 6 Del. C. 1953, § 2306; 69 Del. Laws, c. 258, § 55 ; 73 Del. Laws, c. 329, § 34