Delaware § 326 Action by officer, director or stockholder against corporation for corporate debt paid

Delaware Statutes

§ 326 — Action by officer, director or stockholder against corporation for corporate debt paid

Delaware § 326

Title8

Ch. 1GENERAL CORPORATION LAW

Subch.Suits Against Corporations, Directors, Officers or Stockholders

This text of Delaware § 326 (Action by officer, director or stockholder against corporation for corporate debt paid) 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, § 326 (2026).

Text

When any officer, director or stockholder shall pay any debt of a corporation for which such person is made liable by the provisions of this chapter, such person may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of the corporation shall be liable to be taken, and not the property of any stockholder.

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