Home/Delaware/Statutes/Title: 8/Ch. 1: GENERAL CORPORATION LAW/Subch.: Stock and Dividends/§ 171
Delaware Statutes

§ 171 — Special purpose reserves

Delaware § 171
JurisdictionDelaware
Title8
Ch. 1GENERAL CORPORATION LAW
Subch.Stock and Dividends

This text of Delaware § 171 (Special purpose reserves) 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. 8, § 171 (2026).

Text

The directors of a corporation may set apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.

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Legislative History

8 Del. C. 1953, § 171; 56 Del. Laws, c. 50.

Nearby Sections

5
§ 170
Dividends; payment; wasting asset corporations
§ 171
Special purpose reserves
§ 172
Liability of directors and committee members as to dividends or stock redemption
§ 173
Declaration and payment of dividends
§ 174
Liability of directors for unlawful payment of dividend or unlawful stock purchase or redemption; exoneration from liability; contribution among directors; subrogation
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Bluebook (online)
Delaware § 171, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/8/171.