Delaware Code Title 10 Sec. 3502 – Corporations subject to attachment and garnishment
(a) All corporations doing business in this State, except as specified in subsections (b) and (c) of this section, are subject to the operations of the attachment laws of this State, as provided in the case of individuals. A corporation shall be liable to be summoned as garnishee.
Terms Used In Delaware Code Title 10 Sec. 3502
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- 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.
- State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302
(b) Banks, trust companies, savings institutions and loan associations, except only as to a wage attachment against the wages of an employee of the bank, trust company, savings institution or loan association, shall not be subject to the operations of the attachment laws of this State.
(c) Insurance companies, except as to moneys due in consequence of the happening of the risk provided for in the policy of insurance or a wage attachment against the wages of an employee of the insurance company, shall not be liable to attachment.
14 Del. Laws, c. 90; 16 Del. Laws, c. 140; 18 Del. Laws, c. 681; Code 1915, § ?4120; 30 Del. Laws, c. 226; Code 1935, § ?4608; 10 Del. C. 1953, § ?3502; 52 Del. Laws, c. 341; 65 Del. Laws, c. 49, § ?1; 70 Del. Laws, c. 327, § ?48;