Repeal of charters of delinquent corporations; report to Governor and proclamation.
Del. Code tit. 8, § 511
in effectOn or before June 30 in each year, the Secretary of State shall report to the Governor a list of all the corporations, which for 1 year next preceding such report, have failed, neglected or refused to pay the franchise taxes assessed against them or due by them, or to file a complete annual franchise tax report, under the laws of this State, and the Governor shall forthwith issue a proclamation declaring that the charters of these corporations are repealed.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title8/c005/index.htmlFetched: 10/4/2026
