Delaware § 611 Disqualification of officer, shareholder, agent or employee

Delaware Statutes

§ 611 — Disqualification of officer, shareholder, agent or employee

Delaware § 611

Title8

Ch. 6PROFESSIONAL SERVICE CORPORATIONS

This text of Delaware § 611 (Disqualification of officer, shareholder, agent or employee) 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, § 611 (2026).

Text

(a)Any officer, employee, agent or shareholder of a professional corporation shall forthwith sever all employment with, and financial interests in, the professional corporation in the event that such person:

(1)Becomes legally disqualified to render such professional service within this State;

(2)Is elected to a public office that, pursuant to existing law, places restrictions or limitations upon such person’s continued rendering of such professional service; or

(3)Accepts employment that, pursuant to existing law, places restrictions or limitations upon such person’s continued rendering of such professional service.

(b)A professional corporation’s failure to require compliance with subsection (a) of this section shall constitute a ground for the forfeiture of its charter and its

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(a) Any officer, employee, agent or shareholder of a professional corporation shall forthwith sever all employment with, and financial interests in, the professional corporation in the event that such person:

(1) Becomes legally disqualified to render such professional service within this State;

(2) Is elected to a public office that, pursuant to existing law, places restrictions or limitations upon such person’s continued rendering of such professional service; or

(3) Accepts employment that, pursuant to existing law, places restrictions or limitations upon such person’s continued rendering of such professional service.

(b) A professional corporation’s failure to require compliance with subsection (a) of this section shall constitute a ground for the forfeiture of its charter and its dissolution. When a professional corporation’s failure to comply with subsection (a) of this section is brought to the attention of the office of the Secretary of State, the Secretary of State shall forthwith certify that fact to the Attorney General for appropriate action to dissolve the professional corporation.