Delaware Statutes
§ 327 — Stockholder’s derivative action; allegation of stock ownership
Delaware·Title 8·Ch. 1 GENERAL CORPORATION LAW·Subch. Suits Against Corporations, Directors, Officers or Stockholders
In any derivative suit instituted by a stockholder of a corporation, it shall be averred in the complaint that the plaintiff was a stockholder of the corporation at the time of the transaction of which such stockholder complains or that such stockholder’s stock thereafter devolved upon such stockholder by operation of law.
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Legislative History
8 Del. C. 1953, § 327; 56 Del. Laws, c. 50 ; 71 Del. Laws, c. 339, § 73