Delaware § 341 Law applicable to close corporation

Delaware Statutes

§ 341 — Law applicable to close corporation

Delaware § 341

Title8

Ch. 1GENERAL CORPORATION LAW

Subch.Close Corporations; Special Provisions

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Bluebook

Del. Code tit. 8, § 341 (2026).

Text

(a)This subchapter applies to all close corporations, as defined in § 342 of this title. Unless a corporation elects to become a close corporation under this subchapter in the manner prescribed in this subchapter, it shall be subject in all respects to this chapter, except this subchapter.

(b)This chapter shall be applicable to all close corporations, as defined in § 342 of this title, except insofar as this subchapter otherwise provides.

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(a) This subchapter applies to all close corporations, as defined in § 342 of this title. Unless a corporation elects to become a close corporation under this subchapter in the manner prescribed in this subchapter, it shall be subject in all respects to this chapter, except this subchapter.

(b) This chapter shall be applicable to all close corporations, as defined in § 342 of this title, except insofar as this subchapter otherwise provides.