Delaware Code Title 8 Sec. 513 – Acting under proclaimed charter; penalty
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Whoever exercises or attempts to exercise any powers under the certificate of incorporation of any corporation which has been proclaimed by the Governor, after the issuance of the proclamation, shall be fined not more than $1,000 or imprisoned not more than 1 year, or both.
21 Del. Laws, c. 166, § ?13; 22 Del. Laws, c. 15, § ?13; Code 1915, § ?114; 36 Del. Laws, c. 6, § ?13; Code 1935, § ?108; 8 Del. C. 1953, § ?513; 55 Del. Laws, c. 90, § ?1;
Terms Used In Delaware Code Title 8 Sec. 513
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302