Revocability of preincorporation subscriptions.

Del. Code tit. 8, § 165
in effect
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Unless otherwise provided by the terms of the subscription, a subscription for stock of a corporation to be formed shall be irrevocable, except with the consent of all other subscribers or the corporation, for a period of 6 months from its date.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title8/c001/sc05/index.htmlFetched: 10/4/2026