Delaware § 8502 Formation of associations; advertisement of intention to apply for charter

Delaware Statutes

§ 8502 — Formation of associations; advertisement of intention to apply for charter

Delaware·Title 3·Part Cooperative Agricultural Associations or Corporations·Ch. 85 CORPORATION LAW FOR COOPERATIVE AGRICULTURAL ASSOCIATIONS·Subch. Formation, Powers, Bylaws and Dissolution

(a)Cooperative agricultural associations, instituted for the purposes of mutual help, having capital stock, may be formed under the provisions of this chapter by any number of persons, not less than 5, engaged in agriculture.

(b)Notice of an intention to apply for a charter or articles of association shall be inserted in 1 newspaper of general circulation, printed in the county where the principal place of business is situated, for 1 insertion, setting forth briefly the character and purpose of the corporation and the kind of service to be performed by it. The advertisement shall be published at least 3 days before the application is laid before the Secretary of State.

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(a) Cooperative agricultural associations, instituted for the purposes of mutual help, having capital stock, may be formed under the provisions of this chapter by any number of persons, not less than 5, engaged in agriculture.

(b) Notice of an intention to apply for a charter or articles of association shall be inserted in 1 newspaper of general circulation, printed in the county where the principal place of business is situated, for 1 insertion, setting forth briefly the character and purpose of the corporation and the kind of service to be performed by it. The advertisement shall be published at least 3 days before the application is laid before the Secretary of State.

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