§ 514 — Mistakes in proclamation; correction

Whenever it is established to the satisfaction of the Governor that any corporation named in the proclamation has not neglected or refused to pay the franchise tax or file a completed annual franchise tax report within 1 year, or has been inadvertently reported to the Governor by the Secretary of State as refusing or neglecting to pay the taxes or file a completed annual franchise tax report, the Governor may correct the mistake and may make the same known by filing a proclamation to that effect in the office of the Secretary of State, who shall restore to the corporation its charter, together with all the rights, privileges and immunities and subject to all its duties, debts and liabilities which had been secured or imposed by its original charter and all amendments thereto.

Legislative History

21 Del. Laws, c. 166, § 15 ; 22 Del. Laws, c. 15, § 15 ; Code 1915, § 117; 36 Del. Laws, c. 6, § 15 ; Code 1935, § 110; 8 Del. C. 1953, § 514; 55 Del. Laws, c. 90, § 1 ; 57 Del. Laws, c. 712, § 7 ; 71 Del. Laws, c. 339, § 106 ; 75 Del. Laws, c. 306, § 25